Choreo LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Choreo LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,189 shares of the company’s stock after selling 6,262 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 0.8% of Choreo LLC’s holdings, making the stock its 24th biggest holding. Choreo LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $64,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. GRIMES & Co WEALTH MANAGEMENT LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 107.0% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after purchasing an additional 137,493 shares during the period. CMG Global Holdings LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 13.6% in the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after buying an additional 4,262 shares in the last quarter. Sowell Financial Services LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 23.2% during the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after acquiring an additional 3,829 shares in the last quarter. Argent Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 5.8% during the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after acquiring an additional 3,135 shares in the last quarter. Finally, Roman Butler Fullerton & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 67.0% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after acquiring an additional 4,358 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $204.73 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The business has a fifty day moving average price of $198.48 and a 200 day moving average price of $192.14. The stock has a market capitalization of $84.90 billion, a P/E ratio of 20.10 and a beta of 0.99.

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.