Jaffetilchin Investment Partners LLC Sells 925 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)
by Jessica Moore · The Cerbat GemJaffetilchin Investment Partners LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 5.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,346 shares of the company’s stock after selling 925 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,108,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC boosted 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 during the period. JPMorgan Chase & Co. grew its holdings in 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 valued at $1,201,600,000 after purchasing an additional 2,328,560 shares during the last quarter. US Bancorp DE raised its position in Invesco S&P 500 Equal Weight ETF by 2,150.4% in 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 during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Invesco S&P 500 Equal Weight ETF by 174.6% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after purchasing an additional 1,488,000 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA:RSP opened at $185.01 on Monday. The firm has a market capitalization of $61.97 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a 50 day simple moving average of $177.68 and a two-hundred day simple moving average of $170.58. Invesco S&P 500 Equal Weight ETF has a 1 year low of $140.06 and a 1 year high of $185.01.
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).
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