Darwin Wealth Management LLC Cuts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)
by Amy Steele · The Cerbat GemDarwin Wealth Management LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 11.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,020 shares of the company’s stock after selling 1,436 shares during the quarter. Darwin Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,974,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. Richardson Financial Services Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA RSP opened at $181.23 on Wednesday. The firm has a market cap of $60.70 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50 day moving average price is $179.05 and its 200 day moving average price is $171.59. Invesco S&P 500 Equal Weight ETF has a 1 year low of $145.49 and a 1 year high of $185.79.
About Invesco S&P 500 Equal Weight ETF
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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