Maltin Wealth Management Inc. Has $3.36 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Maltin Wealth Management Inc. reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,172 shares of the company’s stock after selling 626 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.7% of Maltin Wealth Management Inc.’s portfolio, making the stock its 18th biggest position. Maltin Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,360,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ironwood Wealth Management LLC. grew its position in Invesco S&P 500 Equal Weight ETF by 10.5% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after purchasing an additional 2,317 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $1,298,000. Hsbc Holdings PLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 69.6% during the second quarter. Hsbc Holdings PLC now owns 190,213 shares of the company’s stock worth $31,278,000 after acquiring an additional 78,065 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $296,000. Finally, Thrivent Financial for Lutherans lifted its position in Invesco S&P 500 Equal Weight ETF by 24.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 16,307 shares of the company’s stock valued at $2,679,000 after acquiring an additional 3,237 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $180.04 on Monday. The business has a 50-day simple moving average of $180.54 and a two-hundred day simple moving average of $176.12. 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 has a 52-week low of $153.16 and a 52-week high of $188.16.

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).