Invesco S&P 500 Equal Weight ETF $RSP is Atlanta Consulting Group Advisors LLC’s 3rd Largest Position

Atlanta Consulting Group Advisors LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 218,466 shares of the company’s stock after selling 36,559 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 10.1% of Atlanta Consulting Group Advisors LLC’s portfolio, making the stock its 3rd largest position. Atlanta Consulting Group Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $41,443,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Brighton Jones LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Bison Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $11,553,000. Finally, QRG Capital Management Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 12.7% in the 2nd quarter. QRG Capital Management Inc. now owns 3,161 shares of the company’s stock valued at $574,000 after buying an additional 356 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $202.26 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $202.49. The company has a market capitalization of $83.88 billion, a PE ratio of 20.10 and a beta of 0.99. The business has a 50-day moving average of $195.39 and a 200-day moving average of $190.40.

Invesco S&P 500 Equal Weight ETF 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.