Fulcrum Equity Management Trims Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Fulcrum Equity Management decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 55.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,881 shares of the company’s stock after selling 2,296 shares during the period. Fulcrum Equity Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $281,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in RSP. Gateway Advisory LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 9,007.8% in the 1st quarter. Gateway Advisory LLC now owns 13,837,665 shares of the company’s stock worth $13,838,000 after purchasing an additional 13,685,733 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 104,839.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after purchasing an additional 7,948,942 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 24.2% in the 4th quarter. Bank of America Corp DE now owns 11,938,800 shares of the company’s stock worth $1,686,355,000 after purchasing an additional 2,326,405 shares in the last quarter. Morgan Stanley lifted its position in Invesco S&P 500 Equal Weight ETF by 11.1% in the 4th quarter. Morgan Stanley now owns 14,772,231 shares of the company’s stock valued at $2,086,578,000 after acquiring an additional 1,474,149 shares in the last quarter. Finally, Cowa LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 13,794.7% in the 1st quarter. Cowa LLC now owns 942,754 shares of the company’s stock valued at $35,000 after acquiring an additional 935,969 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

RSP stock opened at $148.25 on Friday. The stock has a market capitalization of $41.91 billion, a PE ratio of 16.13 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $124.92 and a 12-month high of $155.77. The stock’s 50 day simple moving average is $150.65 and its 200 day simple moving average is $146.22.

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).