Capital Market Strategies LLC Decreases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Capital Market Strategies LLC reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,737 shares of the company’s stock after selling 136 shares during the period. Capital Market Strategies LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $480,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after buying an additional 6,352,369 shares during the period. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after acquiring an additional 354,184 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after acquiring an additional 11,263 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after acquiring an additional 98,000 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

Shares of NYSEARCA RSP traded up $0.96 during midday trading on Monday, hitting $177.28. The company’s stock had a trading volume of 4,752,887 shares, compared to its average volume of 6,090,786. The business’s 50 day moving average is $181.13 and its two-hundred day moving average is $175.27. The firm has a market cap of $59.38 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $153.10 and a 12-month high of $188.16.

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).