Invesco S&P 500 Equal Weight ETF $RSP is Walleye Partners LLC’s Largest Position

Walleye Partners LLC trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 94,324 shares of the company’s stock after selling 4,907 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 22.2% of Walleye Partners LLC’s portfolio, making the stock its biggest position. Walleye Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Cary Street Partners Investment Advisory LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares during the last quarter. Ballast Rock Private Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.8% in the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after buying an additional 51 shares during the last quarter. Pacific Point Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after buying an additional 52 shares during the last quarter. Merkkuri Wealth Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock worth $2,277,000 after buying an additional 54 shares during the period. Finally, Strategies Wealth Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $210.31 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $214.30. The stock has a market capitalization of $90.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s fifty day simple moving average is $206.21 and its two-hundred day simple moving average is $200.21.

Invesco S&P 500 Equal Weight ETF Company 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.