Atlanta Consulting Group Advisors LLC Has $1.85 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Atlanta Consulting Group Advisors LLC decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 67.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,543 shares of the company’s stock after selling 21,370 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.7% of Atlanta Consulting Group Advisors LLC’s portfolio, making the stock its 25th largest holding. Atlanta Consulting Group Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,847,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of RSP. Pettinga Financial Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $529,000. Assetmark Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 264.6% in the 3rd quarter. Assetmark Inc. now owns 2,089 shares of the company’s stock valued at $374,000 after buying an additional 1,516 shares during the period. Signature Estate & Investment Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 13.8% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 2,498 shares of the company’s stock valued at $448,000 after buying an additional 303 shares during the period. Peterson Financial Group Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $59,000. Finally, Sugar Maple Asset Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $298,000.

Invesco S&P 500 Equal Weight ETF Stock Up 1.9 %

RSP stock opened at $172.66 on Monday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm has a market cap of $71.93 billion, a P/E ratio of 20.93 and a beta of 1.07. The company’s 50-day moving average price is $178.73 and its two-hundred day moving average price is $179.11.

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).