Reyes Financial Architecture Inc. Sells 37,009 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Reyes Financial Architecture Inc. reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 88.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,945 shares of the company’s stock after selling 37,009 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 0.6% of Reyes Financial Architecture Inc.’s holdings, making the stock its 18th largest holding. Reyes Financial Architecture Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,029,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its holdings in Invesco S&P 500 Equal Weight ETF by 16.4% during the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after acquiring an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $400,736,000. Clal Insurance Enterprises Holdings Ltd increased its stake in Invesco S&P 500 Equal Weight ETF by 3.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock worth $318,587,000 after purchasing an additional 60,000 shares during the period. Trust Co of Tennessee increased its stake in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after purchasing an additional 12,435 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 19.4% during the first quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after purchasing an additional 135,061 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

Shares of RSP opened at $218.22 on Friday. The stock has a market capitalization of $100.30 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43. The company’s 50-day simple moving average is $215.40 and its 200-day simple moving average is $211.19.

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.