Invesco S&P 500 Equal Weight ETF $RSP Stake Lessened by Phoenix Financial Ltd.

Phoenix Financial Ltd. cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,625,542 shares of the company’s stock after selling 142,890 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 3.3% of Phoenix Financial Ltd.’s portfolio, making the stock its 7th largest holding. Phoenix Financial Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $311,389,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Pacific Point Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares during the period. Drucker Wealth 3.0 LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after buying an additional 55 shares during the period. Strategies Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after buying an additional 55 shares in the last quarter. Battery Global Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares in the last quarter. Finally, HORAN Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.2% in the 4th quarter. HORAN Wealth LLC now owns 4,770 shares of the company’s stock valued at $914,000 after acquiring an additional 56 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $203.66 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $173.00 and a twelve month high of $205.53. The firm has a market capitalization of $87.86 billion, a PE ratio of 20.10 and a beta of 0.92. The firm’s 50-day moving average price is $197.92 and its 200 day moving average price is $195.88.

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.