Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Cwm LLC

Cwm LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.0% during the 2nd quarter, Holdings Channel reports. The fund owned 136,079 shares of the company’s stock after selling 13,422 shares during the quarter. Cwm LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,355,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $860,010,000. Balyasny Asset Management L.P. purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $671,392,000. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 48.9% in the first 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. Global Assets Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $284,337,000. Finally, Westwood Holdings Group Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 347.9% in the first quarter. Westwood Holdings Group Inc. now owns 871,278 shares of the company’s stock valued at $147,568,000 after purchasing an additional 676,761 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded down $1.18 during mid-day trading on Wednesday, reaching $163.32. 5,937,930 shares of the company’s stock were exchanged, compared to its average volume of 6,371,589. The stock has a market capitalization of $54.70 billion, a PE ratio of 20.44 and a beta of 0.90. The business’s fifty day simple moving average is $166.07 and its 200-day simple moving average is $164.13. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $173.08.

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).