Madison Wealth Partners Inc Trims Stake in Invesco S&P 500 Equal Weight ETF $RSP

Madison Wealth Partners Inc reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 23,603 shares of the company’s stock after selling 3,950 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 0.9% of Madison Wealth Partners Inc’s holdings, making the stock its 19th biggest holding. Madison Wealth Partners Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Balboa Wealth Partners purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $239,000. Calamos Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1,586.9% during the 2nd quarter. Calamos Wealth Management LLC now owns 27,092 shares of the company’s stock valued at $4,924,000 after acquiring an additional 25,486 shares during the last quarter. Salomon & Ludwin LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 9.4% during the 2nd quarter. Salomon & Ludwin LLC now owns 8,654 shares of the company’s stock valued at $1,595,000 after acquiring an additional 745 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1.1% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 12,568 shares of the company’s stock valued at $2,356,000 after acquiring an additional 134 shares during the last quarter. Finally, John G Ullman & Associates Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $202,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5%

RSP opened at $188.01 on Monday. The business has a 50 day moving average price of $188.16 and a two-hundred day moving average price of $180.26. The company has a market cap of $72.67 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30.

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).