TRUE Private Wealth Advisors Has $56.72 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TRUE Private Wealth Advisors lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 316,592 shares of the company’s stock after selling 15,459 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 6.8% of TRUE Private Wealth Advisors’ holdings, making the stock its 3rd biggest position. TRUE Private Wealth Advisors owned 0.09% of Invesco S&P 500 Equal Weight ETF worth $56,721,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of RSP. Tidal Investments LLC raised its position in Invesco S&P 500 Equal Weight ETF by 407.8% in the 1st quarter. Tidal Investments LLC now owns 8,099 shares of the company’s stock worth $1,372,000 after purchasing an additional 6,504 shares during the period. LRI Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $43,000. Burney Co. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 137.5% in the 1st quarter. Burney Co. now owns 4,862 shares of the company’s stock valued at $824,000 after acquiring an additional 2,815 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 122.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,190 shares of the company’s stock valued at $998,000 after acquiring an additional 3,405 shares during the period. Finally, Park Place Capital Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 89.6% during the 2nd quarter. Park Place Capital Corp now owns 50,509 shares of the company’s stock valued at $8,298,000 after acquiring an additional 23,867 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $187.62 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $146.87 and a one year high of $188.16. The business’s 50 day simple moving average is $180.69 and its two-hundred day simple moving average is $172.66. The stock has a market capitalization of $62.84 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).