Round Rock Advisors LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

by · The Cerbat Gem

Round Rock Advisors LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 37.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,909 shares of the company’s stock after selling 27,052 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.3% of Round Rock Advisors LLC’s portfolio, making the stock its 17th largest position. Round Rock Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,603,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Brighton Jones LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the last quarter. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $83,931,000. Bison Wealth LLC raised its position in Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $279,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3%

RSP opened at $203.80 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $157.71 and a 1-year high of $205.24. The company has a market capitalization of $89.23 billion, a PE ratio of 20.10 and a beta of 0.94. The firm’s 50 day simple moving average is $198.03 and its two-hundred day simple moving average is $194.36.

Invesco S&P 500 Equal Weight ETF 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). 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.

Read More

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).