Simplicity Wealth LLC Lowers Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Simplicity Wealth LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 76.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,960 shares of the company’s stock after selling 58,146 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,218,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in RSP. Optimum Investment Advisors raised its holdings in Invesco S&P 500 Equal Weight ETF by 95.5% in the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after purchasing an additional 1,060 shares in the last quarter. Tran Capital Management L.P. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $434,000. Regal Wealth Group Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 653.6% during the fourth quarter. Regal Wealth Group Inc. now owns 19,540 shares of the company’s stock valued at $3,034,000 after acquiring an additional 16,947 shares during the last quarter. Destination Wealth Management boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after acquiring an additional 96 shares in the last quarter. Finally, Courage Miller Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after purchasing an additional 273 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0 %

Shares of RSP opened at $179.90 on Friday. The firm has a market cap of $60.26 billion, a PE 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 $180.14. The stock has a fifty day moving average price of $173.79 and a 200-day moving average price of $168.36.

Invesco S&P 500 Equal Weight ETF 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).