Envestnet Asset Management Inc. reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,404,396 shares of the company’s stock after selling 96,431 shares during the period. Envestnet Asset Management Inc. owned 0.72% of Invesco S&P 500 Equal Weight ETF worth $421,322,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in RSP. SJS Investment Consulting Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Cambridge Financial Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $28,000. Finally, Joseph Group Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000.
Invesco S&P 500 Equal Weight ETF Trading Down 5.6 %
Shares of RSP stock opened at $157.18 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $156.94 and a twelve month high of $188.16. The business’s 50 day moving average is $177.08 and its two-hundred day moving average is $178.95. The company has a market capitalization of $65.67 billion, a P/E ratio of 21.02 and a beta of 1.01.
Invesco S&P 500 Equal Weight ETF Announces Dividend
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).
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