Koss Olinger Consulting LLC Reduces Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Koss Olinger Consulting LLC reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,666 shares of the company’s stock after selling 2,691 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,007,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RSP. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $29,000. Hurley Capital LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the period. Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $40,000. Finally, Raleigh Capital Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $42,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $213.37 on Monday. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $216.37. The stock’s fifty day moving average is $209.58 and its 200 day moving average is $202.41. The stock has a market cap of $95.81 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.