Heck Capital Advisors LLC Has $26.25 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Heck Capital Advisors LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 54.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 137,013 shares of the company’s stock after selling 165,227 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 2.0% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Heck Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of RSP. Corient Private Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 303.3% in the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock worth $184,495,000 after acquiring an additional 763,825 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after acquiring an additional 635,369 shares in the last quarter. Endurance Services Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $96,962,000. Schusterman Interests LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 420.8% in the 3rd quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock worth $118,562,000 after purchasing an additional 505,000 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $72,022,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $193.09 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24. The stock has a market cap of $80.07 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s 50 day moving average price is $198.31 and its two-hundred day moving average price is $193.50.

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). 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.