Fairscale Capital LLC Cuts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Fairscale Capital LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,390 shares of the company’s stock after selling 800 shares during the period. Fairscale Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $249,000 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. increased its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares during the last quarter. LPL Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in 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 purchasing an additional 11,263 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its stake in Invesco S&P 500 Equal Weight ETF by 174.6% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares during the last quarter.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $185.53 on Friday. The firm has a market capitalization of $62.14 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $146.09 and a 52 week high of $185.79. The firm’s 50 day moving average is $179.66 and its two-hundred day moving average is $171.95.

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).