Transform Wealth LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 87.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,912 shares of the company’s stock after selling 102,946 shares during the quarter. Transform Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,672,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vontobel Holding Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 27.8% in the third quarter. Vontobel Holding Ltd. now owns 16,904 shares of the company’s stock valued at $3,029,000 after purchasing an additional 3,679 shares during the last quarter. Peoples Financial Services CORP. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 582.5% in the third quarter. Peoples Financial Services CORP. now owns 1,870 shares of the company’s stock valued at $335,000 after purchasing an additional 1,596 shares during the last quarter. Sunpointe LLC grew its position in Invesco S&P 500 Equal Weight ETF by 20.5% in the third quarter. Sunpointe LLC now owns 18,174 shares of the company’s stock worth $3,256,000 after acquiring an additional 3,092 shares during the period. SeaCrest Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. SeaCrest Wealth Management LLC now owns 4,430 shares of the company’s stock worth $794,000 after acquiring an additional 199 shares during the period. Finally, Safeguard Financial LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $285,000.
Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %
NYSEARCA:RSP traded up $0.96 on Wednesday, reaching $181.36. The company’s stock had a trading volume of 1,891,797 shares, compared to its average volume of 6,130,465. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22. The firm has a market cap of $60.74 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average price of $174.47 and a 200 day moving average price of $168.54.
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).
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