Integrated Advisors Network LLC Has $8.90 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Integrated Advisors Network LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,399 shares of the company’s stock after selling 39,148 shares during the quarter. Integrated Advisors Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000. Hurley Capital LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the period. Basepoint Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $215.45 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $215.61. The company’s fifty day simple moving average is $207.59 and its two-hundred day simple moving average is $201.10. The stock has a market capitalization of $95.02 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.