Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Tudor Financial Inc.

Tudor Financial Inc. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 52.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,105 shares of the company’s stock after selling 14,340 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.3% of Tudor Financial Inc.’s portfolio, making the stock its 19th biggest holding. Tudor Financial Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,788,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in RSP. Charis Legacy Partners LLC grew its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after buying an additional 49 shares during the period. Canvas Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after acquiring an additional 50 shares during the period. Cary Street Partners Investment Advisory LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after acquiring an additional 51 shares during the period. Ballast Rock Private Wealth LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after acquiring an additional 51 shares during the period. Finally, Boston Standard Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.7% during the 2nd quarter. Boston Standard Wealth Management LLC now owns 2,012 shares of the company’s stock worth $431,000 after acquiring an additional 53 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7%

NYSEARCA:RSP opened at $220.05 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The stock has a market capitalization of $99.44 billion, a PE ratio of 20.10 and a beta of 0.91. The stock’s 50-day moving average price is $217.04 and its 200-day moving average price is $207.29.

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.