Mad River Investors Has $270,000 Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mad River Investors trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,508 shares of the company’s stock after selling 118 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 0.1% of Mad River Investors’ portfolio, making the stock its 24th largest position. Mad River Investors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. IMC Chicago LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $5,262,000. Kingswood Wealth Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 106.5% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 4,534 shares of the company’s stock worth $768,000 after acquiring an additional 2,338 shares during the last quarter. Flagstar Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.2% during the 1st quarter. Flagstar Advisors Inc. now owns 4,256 shares of the company’s stock worth $721,000 after acquiring an additional 393 shares in the last quarter. Atlas Capital Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.2% in the first quarter. Atlas Capital Advisors LLC now owns 986 shares of the company’s stock valued at $167,000 after purchasing an additional 75 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.0% in the first quarter. Sunbelt Securities Inc. now owns 10,645 shares of the company’s stock worth $1,803,000 after purchasing an additional 503 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded down $0.50 during mid-day trading on Wednesday, reaching $179.01. The company’s stock had a trading volume of 1,980,113 shares, compared to its average volume of 6,076,203. The business’s 50 day simple moving average is $175.97 and its 200 day simple moving average is $169.03. The company has a market capitalization of $59.96 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $182.22.

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).