Focus Partners Wealth Sells 145,635 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Focus Partners Wealth lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.3% in the first quarter, HoldingsChannel reports. The firm owned 1,034,547 shares of the company’s stock after selling 145,635 shares during the period. Focus Partners Wealth’s holdings in Invesco S&P 500 Equal Weight ETF were worth $179,215,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Battery Global Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after acquiring an additional 60 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the first quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after acquiring an additional 61 shares during the last quarter. Live Oak Private Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 2.0% during the first quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock worth $594,000 after acquiring an additional 67 shares during the last quarter. Samalin Investment Counsel LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.9% during the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock worth $1,295,000 after acquiring an additional 67 shares during the last quarter. Finally, Novem Group lifted its position in Invesco S&P 500 Equal Weight ETF by 5.6% during the first quarter. Novem Group now owns 1,291 shares of the company’s stock worth $224,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

Shares of RSP stock opened at $187.71 on Wednesday. The firm has a 50 day moving average price of $185.71 and a two-hundred day moving average price of $177.51. The company has a market capitalization of $74.41 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $189.99.

About Invesco S&P 500 Equal Weight ETF

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).