Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 35,859 shares of the company’s stock after selling 3,225 shares during the period. Foundations Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Realta Investment Advisors grew its holdings in Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after buying an additional 55 shares in the last quarter. Fusion Capital LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2.2% in the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after purchasing an additional 56 shares in the last quarter. Burns J W & Co. Inc. NY boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after purchasing an additional 57 shares during the period. Melfa Wealth Management Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock worth $659,000 after acquiring an additional 57 shares during the period. Finally, Signature Estate & Investment Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock worth $1,000,000 after buying an additional 64 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $198.52 on Friday. The business has a 50-day moving average of $194.13 and a 200-day moving average of $189.70. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $200.78. The company has a market capitalization of $83.05 billion, a PE ratio of 20.10 and a beta of 0.99.

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). 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.