First Heartland Consultants Inc. trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 63.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,970 shares of the company’s stock after selling 8,523 shares during the period. First Heartland Consultants Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 48.9% in the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares during the period. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after purchasing an additional 34,825 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after purchasing an additional 11,263 shares during the period.
Invesco S&P 500 Equal Weight ETF Trading Down 0.6 %
Shares of RSP traded down $1.05 during mid-day trading on Tuesday, hitting $183.97. The company’s stock had a trading volume of 1,139,214 shares, compared to its average volume of 6,059,457. Invesco S&P 500 Equal Weight ETF has a 52-week low of $140.06 and a 52-week high of $185.79. The company’s 50-day moving average is $177.86 and its 200-day moving average is $170.74. The firm has a market capitalization of $61.62 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.
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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