Valmark Advisers Inc. Sells 654 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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Valmark Advisers Inc. cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.4% in the third quarter, HoldingsChannel.com reports. The fund owned 2,892 shares of the company’s stock after selling 654 shares during the period. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $313,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in RSP. FMR LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 7.4% in the 1st quarter. FMR LLC now owns 18,240 shares of the company’s stock valued at $1,905,000 after purchasing an additional 1,251 shares during the period. SG Americas Securities LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $340,000. Country Club Trust Company n.a. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 87.9% in the 2nd quarter. Country Club Trust Company n.a. now owns 11,989 shares of the company’s stock valued at $1,203,000 after buying an additional 5,609 shares during the last quarter. Chicago Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $794,000. Finally, Sugarloaf Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21.5% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 10,750 shares of the company’s stock valued at $1,094,000 after buying an additional 1,905 shares during the last quarter.

NYSEARCA RSP opened at $121.29 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $70.56 and a 12 month high of $122.61. The stock has a 50 day moving average of $112.49 and a 200-day moving average of $106.13.

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).

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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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Valmark Advisers Inc. Sells 654 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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Valmark Advisers Inc. trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,892 shares of the company’s stock after selling 654 shares during the quarter. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $313,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. Planned Solutions Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $34,000. Horan Capital Advisors LLC. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $38,000. BNP Paribas Arbitrage SA acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $43,000. Pinnacle Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $46,000. Finally, Clear Harbor Asset Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $46,000.

RSP stock opened at $121.29 on Tuesday. The company has a 50-day simple moving average of $112.49 and a 200 day simple moving average of $106.13. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $70.56 and a fifty-two week high of $122.61.

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.

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