Invesco S&P 500 Equal Weight ETF $RSP Position Decreased by Junto Capital Management LP

Junto Capital Management LP decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 39.9% during the 3rd quarter, Holdings Channel reports. The fund owned 1,222,043 shares of the company’s stock after selling 810,448 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 4.7% of Junto Capital Management LP’s portfolio, making the stock its biggest holding. Junto Capital Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $231,822,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Brighton Jones LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $83,931,000. Bison Wealth LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $11,553,000. Finally, Vise Technologies Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $369,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.0%

RSP stock opened at $193.52 on Monday. The company has a market capitalization of $80.25 billion, a P/E ratio of 20.10 and a beta of 0.99. The business has a 50 day simple moving average of $199.87 and a 200-day simple moving average of $193.20. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24.

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). 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.