Strategic Investment Advisors MI Has $54,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Strategic Investment Advisors MI decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 90.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 283 shares of the company’s stock after selling 2,717 shares during the period. Strategic Investment Advisors MI’s holdings in Invesco S&P 500 Equal Weight ETF were worth $54,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after buying an additional 635,369 shares during the period. JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 11.7% during the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after acquiring an additional 589,365 shares in the last quarter. Phoenix Financial Ltd. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.8% during the third quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after acquiring an additional 214,432 shares during the period. Cerity Partners LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after acquiring an additional 54,925 shares during the period. Finally, North Peak Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 227.3% in the 2nd quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock valued at $249,735,000 after purchasing an additional 2,453,262 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $193.32 on Friday. The firm has a market cap of $80.17 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s 50-day simple moving average is $199.76 and its 200-day simple moving average is $193.29. 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 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.