Measured Wealth Private Client Group LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Measured Wealth Private Client Group LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 42.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 86,132 shares of the company’s stock after selling 63,970 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 4.4% of Measured Wealth Private Client Group LLC’s holdings, making the stock its 8th largest holding. Measured Wealth Private Client Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,499,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of RSP. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $327,184,000. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after purchasing an additional 959,176 shares in the last quarter. Axxcess Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 5,593.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock worth $186,343,000 after purchasing an additional 955,677 shares in the last quarter. AlphaCore Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 622.2% in the 4th quarter. AlphaCore Capital LLC now owns 593,537 shares of the company’s stock worth $113,698,000 after acquiring an additional 511,351 shares during the last quarter. Finally, Endurance Services Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $96,962,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3%

RSP stock opened at $208.83 on Friday. The stock has a market capitalization of $90.09 billion, a PE ratio of 20.10 and a beta of 0.92. The stock’s 50 day simple moving average is $199.81 and its 200 day simple moving average is $197.16. Invesco S&P 500 Equal Weight ETF has a 12-month low of $174.27 and a 12-month high of $209.32.

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). 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.