Invesco S&P 500 Equal Weight ETF $RSP Stock Sold by Virtue Capital Management LLC

Virtue Capital Management LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,465 shares of the company’s stock after selling 7,367 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.5% of Virtue Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Virtue Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,746,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Columbia Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $224,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $9,211,000. Royal Harbor Partners LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Royal Harbor Partners LLC now owns 27,935 shares of the company’s stock worth $5,811,000 after buying an additional 400 shares in the last quarter. Vise Technologies Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 24.5% during the 3rd quarter. Vise Technologies Inc. now owns 138,952 shares of the company’s stock worth $28,905,000 after acquiring an additional 27,360 shares during the period. Finally, Grandfield & Dodd LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.3% during the 3rd quarter. Grandfield & Dodd LLC now owns 6,237 shares of the company’s stock worth $1,298,000 after acquiring an additional 371 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $218.31 on Monday. The firm has a market capitalization of $100.24 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The firm’s 50 day simple moving average is $215.05 and its 200 day simple moving average is $207.75. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43.

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.