Invesco S&P 500 Equal Weight ETF $RSP Stock Position Cut by Roth Financial Partners LLC

Roth Financial Partners LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 110,735 shares of the company’s stock after selling 2,742 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 7.5% of Roth Financial Partners LLC’s investment portfolio, making the stock its 4th largest holding. Roth Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,039,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Bank of America Corp DE raised its holdings in Invesco S&P 500 Equal Weight ETF by 16.4% in the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after acquiring an additional 3,567,441 shares in the last quarter. Invesco Ltd. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.6% during the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after purchasing an additional 444,846 shares during the last quarter. State of Wisconsin Investment Board lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares during the last quarter. LPL Financial LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 7.1% in the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock valued at $1,051,080,000 after buying an additional 362,412 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Invesco S&P 500 Equal Weight ETF by 13.1% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,460,000 shares of the company’s stock valued at $471,238,000 after buying an additional 285,000 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 Stock Up 0.6%

NYSEARCA:RSP traded up $1.21 during trading hours on Tuesday, reaching $212.33. 11,995,815 shares of the stock were exchanged, compared to its average volume of 12,119,822. The stock has a market capitalization of $97.37 billion, a P/E ratio of 20.10 and a beta of 0.92. The firm has a 50 day simple moving average of $216.70 and a 200-day simple moving average of $209.17. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43.

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.