Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Heck Capital Advisors LLC

Heck Capital Advisors LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.1% during the 2nd quarter, Holdings Channel reports. The fund owned 103,491 shares of the company’s stock after selling 21,361 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.3% of Heck Capital Advisors LLC’s portfolio, making the stock its 17th biggest holding. Heck Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,020,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in RSP. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $29,000. Brandywine Financial Group increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Hurley Capital LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares in the last quarter. Asset Dedication LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $36,000. Finally, Basepoint Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $220.69 on Wednesday. The company has a fifty day moving average of $213.29 and a two-hundred day moving average of $204.82. The company has a market capitalization of $99.73 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $221.23.

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.