Invesco S&P 500 Equal Weight ETF $RSP is Atlas Wealth LLC’s 3rd Largest Position

Atlas Wealth LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 86,736 shares of the company’s stock after selling 49,333 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 5.8% of Atlas Wealth LLC’s holdings, making the stock its 3rd biggest position. Atlas Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,948,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $25,000. Uniplan Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $26,000. Howe & Rusling Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the period. GoalVest Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $34,000. Finally, Hanson & Doremus Investment Management boosted its position in Invesco S&P 500 Equal Weight ETF by 30.5% during the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.7%

Shares of NYSEARCA:RSP opened at $186.23 on Wednesday. The firm has a market capitalization of $72.03 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The company has a 50-day moving average price of $188.85 and a two-hundred day moving average price of $182.85.

Invesco S&P 500 Equal Weight ETF Company 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).