Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Kopp Family Office LLC

Kopp Family Office LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.5% during the third quarter, Holdings Channel.com reports. The firm owned 103,025 shares of the company’s stock after selling 3,698 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 11.9% of Kopp Family Office LLC’s investment portfolio, making the stock its 4th largest holding. Kopp Family Office LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,431,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Highland Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $26,000. Brandywine Financial Group boosted its position in Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after buying an additional 121 shares during the period. Rogco LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $34,000. Asset Dedication LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $36,000. Finally, Raleigh Capital Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $42,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

RSP opened at $216.64 on Thursday. The company has a market cap of $100.12 billion, a P/E ratio of 20.10 and a beta of 0.92. The business’s 50-day moving average price is $215.49 and its 200-day moving average price is $211.02. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43.

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). 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.