49 Wealth Management LLC Sells 110 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

49 Wealth Management LLC decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,705 shares of the company’s stock after selling 110 shares during the period. 49 Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $485,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC raised its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after purchasing an additional 11,263 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $184.08 on Friday. The stock has a fifty day moving average of $179.45 and a 200-day moving average of $171.75. The stock has a market capitalization of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $146.01 and a 52 week high of $185.79.

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).