Amplius Wealth Advisors LLC Sells 16,554 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Amplius Wealth Advisors LLC cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 41.0% in the third quarter, HoldingsChannel reports. The firm owned 23,846 shares of the company’s stock after selling 16,554 shares during the period. Amplius Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,524,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Japan Science & Technology Agency bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $656,908,000. North Peak Capital Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 227.3% during the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock valued at $249,735,000 after buying an additional 2,453,262 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after acquiring an additional 1,103,629 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Invesco S&P 500 Equal Weight ETF by 119.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after purchasing an additional 1,102,322 shares in the last quarter. Finally, Corient Private Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 303.3% during the 2nd quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock worth $184,495,000 after acquiring an additional 763,825 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.9%

Shares of RSP opened at $191.56 on Friday. The stock has a fifty day moving average price of $190.10 and a 200-day moving average price of $187.45. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.46. The firm has a market cap of $74.10 billion, a PE ratio of 20.10 and a beta of 0.99.

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.