Integrated Advisors Network LLC Sells 4,923 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Integrated Advisors Network LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,021 shares of the company’s stock after selling 4,923 shares during the quarter. Integrated Advisors Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,828,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Fortitude Family Office LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $110,000. Trail Ridge Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.1% during the third quarter. Trail Ridge Investment Advisors LLC now owns 9,458 shares of the company’s stock worth $1,692,000 after purchasing an additional 1,098 shares during the last quarter. Gateway Wealth Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.5% in the third quarter. Gateway Wealth Partners LLC now owns 28,905 shares of the company’s stock valued at $5,179,000 after buying an additional 2,027 shares in the last quarter. Pallas Capital Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the third quarter. Pallas Capital Advisors LLC now owns 38,801 shares of the company’s stock valued at $6,944,000 after buying an additional 1,829 shares during the last quarter. Finally, Sterling Manor Financial LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $12,045,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $178.24 on Tuesday. The firm has a 50 day moving average price of $176.64 and a 200 day moving average price of $169.39. The stock has a market cap of $59.70 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 $133.54 and a 52-week high of $182.22.

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).