Sightline Wealth Advisors LLC Reduces Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sightline Wealth Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 143,978 shares of the company’s stock after selling 3,798 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 13.6% of Sightline Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. Sightline Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,229,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its position in Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after buying an additional 1,488,000 shares during the period. SPX Gestao de Recursos Ltda lifted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after acquiring an additional 839,150 shares in the last quarter. Penserra Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $63,354,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

NYSEARCA RSP traded up $1.42 on Monday, reaching $174.67. The stock had a trading volume of 8,181,126 shares, compared to its average volume of 7,662,494. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The business has a 50 day moving average price of $180.89 and a 200 day moving average price of $175.64. The company has a market capitalization of $58.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).