Visionary Horizons LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Visionary Horizons LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 57.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,053 shares of the company’s stock after selling 19,335 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.5% of Visionary Horizons LLC’s portfolio, making the stock its 12th biggest position. Visionary Horizons LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,666,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. CMG Global Holdings LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 13.6% in the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock valued at $6,741,000 after buying an additional 4,262 shares during the last quarter. Sowell Financial Services LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 23.2% during the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after acquiring an additional 3,829 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock worth $21,244,000 after purchasing an additional 37,119 shares during the period. Total Clarity Wealth Management Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after purchasing an additional 872 shares during the period. Finally, Gilbert Capital Group Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $1,771,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.1%

Shares of RSP stock opened at $194.79 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $197.48. The firm’s 50 day moving average price is $190.45 and its two-hundred day moving average price is $188.00. The stock has a market cap of $76.78 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.