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

NovaPoint Capital LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 32.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,958 shares of the company’s stock after selling 9,086 shares during the quarter. NovaPoint Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 193.4% in the fourth quarter. Fisher Asset Management LLC now owns 9,980 shares of the company’s stock valued at $1,575,000 after buying an additional 6,578 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 232.0% in the 1st quarter. GAMMA Investing LLC now owns 800 shares of the company’s stock worth $135,000 after acquiring an additional 559 shares during the last quarter. RFG Advisory LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during the 1st quarter. RFG Advisory LLC now owns 22,582 shares of the company’s stock worth $3,825,000 after purchasing an additional 2,366 shares during the period. SignalPoint Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the 1st quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock valued at $293,000 after purchasing an additional 70 shares during the last quarter. Finally, &PARTNERS purchased a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $1,176,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3 %

NYSEARCA:RSP opened at $181.87 on Friday. The stock’s fifty day moving average is $175.44 and its two-hundred day moving average is $168.81. The stock has a market capitalization of $60.92 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $182.22.

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).