Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Decreased by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the 4th quarter, Holdings Channel reports. The firm owned 21,832 shares of the company’s stock after selling 513 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.0% of Merkkuri Wealth Advisors LLC’s portfolio, making the stock its 10th largest position. Merkkuri Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,826,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the second 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 last quarter. LPL Financial LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after acquiring an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after acquiring an additional 98,000 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after purchasing an additional 198,793 shares during the last quarter. Finally, Lbmc Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after purchasing an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

NYSEARCA RSP opened at $182.19 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16. The business’s fifty day simple moving average is $180.39 and its 200-day simple moving average is $176.57. The firm has a market cap of $61.02 billion, a PE ratio of 20.44 and a beta of 0.90.

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).