Invesco S&P 500 Equal Weight ETF $RSP Stock: Roman Butler Fullerton & Co. Decreases Position

Roman Butler Fullerton & Co. lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 70.4% in the third quarter, HoldingsChannel reports. The fund owned 14,842 shares of the company’s stock after selling 35,236 shares during the period. Roman Butler Fullerton & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,167,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RSP. Venture Visionary Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after acquiring an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $794,000. Corient Private Wealth LP increased its position in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after acquiring an additional 58,956 shares during the period. Echo45 Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the second quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock valued at $18,607,000 after acquiring an additional 2,346 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.9% during the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after acquiring an additional 76,324 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1%

Shares of NYSEARCA:RSP opened at $217.52 on Wednesday. The company has a 50-day moving average price of $215.18 and a 200-day moving average price of $207.43. The company has a market cap of $99.79 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43.

Invesco S&P 500 Equal Weight ETF Company Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.