Horizon Wealth Management LLC Sells 64 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Horizon Wealth Management LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,753 shares of the company’s stock after selling 64 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.4% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. Horizon Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,378,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Mirador Capital Partners LP raised its position in shares of Invesco S&P 500 Equal Weight ETF by 77.8% during the 1st quarter. Mirador Capital Partners LP now owns 5,515 shares of the company’s stock valued at $934,000 after acquiring an additional 2,413 shares during the last quarter. Roberts Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $470,000. SteelPeak Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 37.0% in the 1st quarter. SteelPeak Wealth LLC now owns 4,828 shares of the company’s stock valued at $818,000 after acquiring an additional 1,303 shares during the last quarter. Seneca House Advisors increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 6,828.5% in the 1st quarter. Seneca House Advisors now owns 97,692 shares of the company’s stock valued at $16,546,000 after acquiring an additional 96,282 shares during the last quarter. Finally, Breakwater Capital Group boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.2% during the 1st quarter. Breakwater Capital Group now owns 83,502 shares of the company’s stock worth $14,143,000 after acquiring an additional 4,118 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP traded down $1.07 during midday trading on Monday, reaching $163.21. 5,081,920 shares of the stock were exchanged, compared to its average volume of 6,053,881. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The business has a 50-day simple moving average of $164.71 and a two-hundred day simple moving average of $162.09. The company has a market capitalization of $54.67 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).