Darwin Wealth Management LLC Decreases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Darwin Wealth Management LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 12,456 shares of the company’s stock after selling 745 shares during the quarter. Darwin Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,046,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. VitalStone Financial LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $303,000. Davis R M Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.8% during the fourth quarter. Davis R M Inc. now owns 13,334 shares of the company’s stock worth $2,104,000 after purchasing an additional 364 shares during the last quarter. Optimum Investment Advisors lifted its stake in Invesco S&P 500 Equal Weight ETF by 95.5% during the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after purchasing an additional 1,060 shares during the last quarter. Tran Capital Management L.P. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $434,000. Finally, Sepio Capital LP lifted its stake in Invesco S&P 500 Equal Weight ETF by 14.4% during the fourth quarter. Sepio Capital LP now owns 207,238 shares of the company’s stock worth $32,702,000 after purchasing an additional 26,149 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6 %

RSP stock opened at $173.35 on Friday. The business has a 50 day moving average price of $169.81 and a 200 day moving average price of $166.47. The stock has a market cap of $58.06 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $175.96.

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).