Disciplined Investors L.L.C. Cuts Stake in Invesco S&P 500 Equal Weight ETF $RSP

Disciplined Investors L.L.C. reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,467 shares of the company’s stock after selling 491 shares during the quarter. Disciplined Investors L.L.C.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $994,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently 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 1.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after acquiring an additional 396,957 shares in the last quarter. Invesco Ltd. lifted its position in Invesco S&P 500 Equal Weight ETF by 12.0% in the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after purchasing an additional 6,254,609 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.5% in the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after purchasing an additional 894,245 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after purchasing an additional 1,069,297 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $187.56 on Friday. The company has a market cap of $72.55 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.33. The stock’s fifty day moving average price is $188.74 and its 200-day moving average price is $183.09.

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).