Invesco S&P 500 Equal Weight ETF $RSP is Titleist Asset Management LLC’s 9th Largest Position

Titleist Asset Management LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,881 shares of the company’s stock after selling 10,442 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.0% of Titleist Asset Management LLC’s holdings, making the stock its 9th biggest holding. Titleist Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 107.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after acquiring an additional 137,493 shares in the last quarter. CMG Global Holdings LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.6% in the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after purchasing an additional 4,262 shares during the period. Sowell Financial Services LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 23.2% in the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares during the period. Argent Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after purchasing an additional 3,135 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 46.5% during the second quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock valued at $21,244,000 after buying an additional 37,119 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9%

Shares of NYSEARCA:RSP opened at $200.30 on Thursday. The firm has a 50 day moving average of $195.02 and a 200 day moving average of $190.18. The company has a market capitalization of $83.06 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $200.95.

Invesco S&P 500 Equal Weight ETF Company 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.