Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Trimmed by Taylor & Morgan Wealth Management LLC

Taylor & Morgan Wealth Management LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 29,934 shares of the company’s stock after selling 8,905 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 3.7% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Taylor & Morgan Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,245,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its position 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 valued at $384,415,000 after purchasing an additional 1,488,000 shares during the period. SPX Gestao de Recursos Ltda lifted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after acquiring an additional 839,150 shares in the last quarter. Penserra Capital Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $63,354,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Friday. The stock has a 50-day simple moving average of $180.54 and a 200-day simple moving average of $176.04. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.16 and a fifty-two week high of $188.16. The company has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).