Venture Visionary Partners LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 375,222 shares of the company’s stock after selling 2,401 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.3% of Venture Visionary Partners LLC’s portfolio, making the stock its 8th biggest holding. Venture Visionary Partners LLC owned approximately 0.09% of Invesco S&P 500 Equal Weight ETF worth $71,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of RSP. Perryman Financial Advisory Inc. AD acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $3,014,000. Retirement Financial Solutions LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $11,152,000. RFP Financial Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 66.1% during the 4th quarter. RFP Financial Group LLC now owns 102,776 shares of the company’s stock worth $19,688,000 after acquiring an additional 40,917 shares during the period. Sargent Investment Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $236,000. Finally, South Plains Financial Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 241.6% during the 4th quarter. South Plains Financial Inc. now owns 789 shares of the company’s stock worth $151,000 after acquiring an additional 558 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP opened at $211.65 on Monday. The firm’s 50 day simple moving average is $203.40 and its 200 day simple moving average is $198.83. The firm has a market capitalization of $91.31 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $212.12.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
