Integrity Alliance LLC. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 66.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,718 shares of the company’s stock after selling 9,289 shares during the quarter. Integrity Alliance LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $904,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Advisors of Tampa Bay LLC raised its position in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Wealth Advisors of Tampa Bay LLC now owns 5,056 shares of the company’s stock valued at $969,000 after purchasing an additional 156 shares during the last quarter. Arvest Bank Trust Division raised its position in Invesco S&P 500 Equal Weight ETF by 0.6% in the 4th quarter. Arvest Bank Trust Division now owns 181,473 shares of the company’s stock valued at $34,763,000 after purchasing an additional 1,005 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its position in Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares during the last quarter. Smithfield Trust Co raised its position in Invesco S&P 500 Equal Weight ETF by 9.4% in the 4th quarter. Smithfield Trust Co now owns 4,620 shares of the company’s stock valued at $887,000 after purchasing an additional 397 shares during the last quarter. Finally, Valued Retirements Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 11.4% in the 4th quarter. Valued Retirements Inc. now owns 12,516 shares of the company’s stock valued at $2,398,000 after purchasing an additional 1,281 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP stock opened at $208.25 on Friday. The company has a fifty day moving average price of $199.50 and a 200 day moving average price of $197.08. Invesco S&P 500 Equal Weight ETF has a 12 month low of $174.27 and a 12 month high of $208.89. The company has a market cap of $89.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.
Invesco S&P 500 Equal Weight ETF 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.
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