Atomi Financial Group Inc. Cuts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Atomi Financial Group Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,940 shares of the company’s stock after selling 1,609 shares during the period. Atomi Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,443,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RSP. CPA Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares during the last quarter. Inlet Private Wealth LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares during the last quarter. Abound Wealth Management grew its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after purchasing an additional 63 shares during the last quarter. Delta Investment Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares in the last quarter. Finally, Founders Financial Alliance LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.4% in the second quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock worth $469,000 after buying an additional 67 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

NYSEARCA:RSP opened at $180.04 on Tuesday. The company has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 and a 12 month high of $188.16. The firm has a fifty day simple moving average of $180.54 and a 200-day simple moving average of $176.12.

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).