Voisard Asset Management Group Inc. Cuts Stake in Invesco S&P 500 Equal Weight ETF $RSP

Voisard Asset Management Group Inc. cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 48.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,888 shares of the company’s stock after selling 3,687 shares during the period. Voisard Asset Management Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $745,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of RSP. Drucker Wealth 3.0 LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 3.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after purchasing an additional 55 shares during the period. Strategies Wealth Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after purchasing an additional 55 shares during the last quarter. Battery Global Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares during the period. Burns J W & Co. Inc. NY increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after buying an additional 57 shares during the last quarter. Finally, Melfa Wealth Management Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock worth $659,000 after buying an additional 57 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $193.09 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24. The firm has a market capitalization of $85.47 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock’s fifty day simple moving average is $198.20 and its 200 day simple moving average is $193.61.

About Invesco S&P 500 Equal Weight ETF

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.