Fortune Financial Advisors LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,275 shares of the company’s stock after selling 66 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.5% of Fortune Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. Fortune Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,737,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in RSP. Fairman Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $27,000. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. GHP Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Finally, Creekmur Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %
NYSEARCA RSP opened at $178.11 on Friday. The firm has a market cap of $59.66 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average is $176.50 and its 200-day moving average is $169.26. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22.
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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