Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Cercano Management LLC

Cercano Management LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 784,408 shares of the company’s stock after selling 16,456 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 4.1% of Cercano Management LLC’s investment portfolio, making the stock its 5th biggest position. Cercano Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $142,558,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock worth $4,080,267,000 after purchasing an additional 396,957 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after buying an additional 1,195,627 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after purchasing an additional 6,254,609 shares during the period. LPL Financial LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 20.5% during the first quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock valued at $911,326,000 after buying an additional 894,245 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Invesco S&P 500 Equal Weight ETF by 26.8% during the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after buying an additional 1,069,297 shares during the period. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4%

Invesco S&P 500 Equal Weight ETF stock opened at $187.34 on Friday. The firm has a fifty day moving average of $188.84 and a 200-day moving average of $183.98. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33. The firm has a market capitalization of $72.46 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).