Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by RAM Investment Partners LLC

RAM Investment Partners LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.7% during the second quarter, HoldingsChannel.com reports. The firm owned 1,265 shares of the company’s stock after selling 200 shares during the quarter. RAM Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $208,000 at the end of the most recent quarter.

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

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

Shares of NYSEARCA RSP traded up $1.35 on Friday, hitting $175.87. The company had a trading volume of 4,597,226 shares, compared to its average volume of 6,229,496. The firm has a market capitalization of $58.91 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $175.96. The business has a 50 day moving average of $168.24 and a two-hundred day moving average of $165.67.

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).