Invesco S&P 500 Equal Weight ETF $RSP Position Decreased by Parcion Private Wealth LLC

Parcion Private Wealth LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,130 shares of the company’s stock after selling 3,732 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.4% of Parcion Private Wealth LLC’s portfolio, making the stock its 18th biggest holding. Parcion Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,238,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of RSP. Highland Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $26,000. Brandywine Financial Group lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after acquiring an additional 121 shares during the last quarter. Valley National Advisers Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $31,000. Rogco LP purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth $34,000. Finally, Asset Dedication LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth $36,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.8%

RSP opened at $218.31 on Friday. The business’s fifty day simple moving average is $215.05 and its 200 day simple moving average is $207.75. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The stock has a market cap of $100.21 billion, a PE ratio of 20.10 and a beta of 0.92.

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). 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.