Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Cut by Ameliora Wealth Management Ltd.

by · The Cerbat Gem

Ameliora Wealth Management Ltd. reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 48.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,573 shares of the company’s stock after selling 3,399 shares during the period. Ameliora Wealth Management Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $640,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares in the last quarter. US Bancorp DE raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% during the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after purchasing an additional 1,990,537 shares in the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $284,337,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded up $1.75 during trading on Friday, reaching $179.90. The company had a trading volume of 4,033,865 shares, compared to its average volume of 6,171,714. The firm’s 50 day simple moving average is $173.79 and its two-hundred day simple moving average is $168.38. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $180.14. The company has a market capitalization of $60.26 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).

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