Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Compass Wealth Management LLC

Compass Wealth Management LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 99.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 686 shares of the company’s stock after selling 121,001 shares during the period. Compass Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $130,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. North Peak Capital Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 227.3% in the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after buying an additional 2,453,262 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in 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 last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd 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. Corient Private Wealth LLC boosted its holdings 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 purchasing an additional 763,825 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after purchasing an additional 589,365 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $198.93 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $200.78. The stock has a market cap of $82.55 billion, a PE ratio of 20.10 and a beta of 0.99. The stock has a 50 day moving average price of $193.53 and a 200 day moving average price of $189.58.

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.