Madison Wealth Partners Inc Has $5.35 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Madison Wealth Partners Inc cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,564 shares of the company’s stock after selling 187 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.8% of Madison Wealth Partners Inc’s portfolio, making the stock its 13th largest position. Madison Wealth Partners Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,350,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. VitalStone Financial LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $303,000. Davis R M Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.8% in the fourth quarter. Davis R M Inc. now owns 13,334 shares of the company’s stock valued at $2,104,000 after purchasing an additional 364 shares in the last quarter. Optimum Investment Advisors raised its position in Invesco S&P 500 Equal Weight ETF by 95.5% in the 1st quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after purchasing an additional 1,060 shares during the last quarter. Tran Capital Management L.P. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $434,000. Finally, Sepio Capital LP lifted its holdings in Invesco S&P 500 Equal Weight ETF by 14.4% during the 4th quarter. Sepio Capital LP now owns 207,238 shares of the company’s stock worth $32,702,000 after buying an additional 26,149 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $176.28 on Tuesday. The stock has a market capitalization of $59.04 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $176.59. The stock has a fifty day moving average of $170.28 and a 200-day moving average of $166.72.

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).