Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Reduced by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,983 shares of the company’s stock after selling 167 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.2% of Legacy Capital Group California Inc.’s holdings, making the stock its 9th biggest position. Legacy Capital Group California Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,447,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after acquiring an additional 2,328,560 shares in the last quarter. UBS Group AG increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 4th quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock worth $953,030,000 after purchasing an additional 90,811 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $860,010,000. Balyasny Asset Management L.P. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $671,392,000. Finally, Cresset Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 7.0% in the fourth quarter. Cresset Asset Management LLC now owns 2,879,877 shares of the company’s stock worth $454,445,000 after purchasing an additional 188,443 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

Invesco S&P 500 Equal Weight ETF stock traded down $0.68 during mid-day trading on Tuesday, hitting $171.40. 5,053,816 shares of the company’s stock were exchanged, compared to its average volume of 6,294,600. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $173.08. The stock has a 50 day moving average of $166.80 and a two-hundred day moving average of $164.89. The stock has a market cap of $57.41 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).