Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 64.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,833 shares of the company’s stock after selling 78,161 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.0% of Fairvoy Private Wealth LLC’s holdings, making the stock its 10th largest holding. Fairvoy Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Morgan Stanley lifted its stake in Invesco S&P 500 Equal Weight ETF by 7.9% in the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after acquiring an additional 2,285,526 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after purchasing an additional 959,176 shares during the last quarter. Invesco Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after purchasing an additional 444,846 shares during the last quarter. State of Wisconsin Investment Board raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after purchasing an additional 1,060,181 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock valued at $1,051,080,000 after purchasing an additional 362,412 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 Up 0.7%

Invesco S&P 500 Equal Weight ETF stock opened at $211.75 on Friday. The company has a fifty day simple moving average of $205.99 and a 200-day simple moving average of $200.08. The stock has a market cap of $91.35 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.35 and a 12-month high of $214.30.

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.