Picton Mahoney Asset Management Sells 2,774 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Picton Mahoney Asset Management reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,457 shares of the company’s stock after selling 2,774 shares during the period. Picton Mahoney Asset Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,742,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blueprint Financial Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 9.2% during the 3rd quarter. Blueprint Financial Advisors LLC now owns 48,252 shares of the company’s stock valued at $9,153,000 after acquiring an additional 4,056 shares during the last quarter. Blueprint Investment Partners LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 10.1% during the third quarter. Blueprint Investment Partners LLC now owns 50,887 shares of the company’s stock valued at $9,653,000 after purchasing an additional 4,667 shares in the last quarter. Burk Holdings LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $463,000. Focus Partners Advisor Solutions LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.2% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 64,576 shares of the company’s stock worth $12,193,000 after buying an additional 4,335 shares in the last quarter. Finally, NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $26,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $200.54 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The business’s 50 day moving average is $199.44 and its two-hundred day moving average is $192.75. The stock has a market capitalization of $83.16 billion, a P/E ratio of 20.10 and a beta of 0.99.

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). 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.