Graypoint LLC Has $1.42 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Graypoint LLC reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,650 shares of the company’s stock after selling 250 shares during the period. Graypoint LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,421,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Apexium Financial LP boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 111.6% in the 4th quarter. Apexium Financial LP now owns 14,908 shares of the company’s stock valued at $2,353,000 after purchasing an additional 7,864 shares during the last quarter. Summit Trail Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 9.5% during the 4th quarter. Summit Trail Advisors LLC now owns 545,519 shares of the company’s stock worth $86,083,000 after acquiring an additional 47,327 shares during the period. VitalStone Financial LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $303,000. Davis R M Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.8% in the 4th quarter. Davis R M Inc. now owns 13,334 shares of the company’s stock worth $2,104,000 after acquiring an additional 364 shares in the last quarter. Finally, Balanced Wealth Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $669,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

NYSEARCA RSP traded up $1.35 during trading hours on Friday, hitting $175.87. 4,635,830 shares of the company’s stock were exchanged, compared to its average volume of 6,229,496. The firm has a market cap of $58.91 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50-day simple moving average of $168.24 and a 200 day simple moving average of $165.73. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $175.96.

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).