Great Diamond Partners LLC Sells 2,452 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

by · The Cerbat Gem

Great Diamond Partners LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 7.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,322 shares of the company’s stock after selling 2,452 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.4% of Great Diamond Partners LLC’s investment portfolio, making the stock its 16th largest position. Great Diamond Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the second 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 last quarter. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the period. Strategic Financial Concepts LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after buying an additional 6,352,369 shares during the period. LPL Financial LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.9% during the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after buying an additional 34,825 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after purchasing an additional 11,263 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

Shares of RSP opened at $178.58 on Wednesday. The firm has a market capitalization of $59.81 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.54 and a 12-month high of $182.22. The firm has a fifty day moving average price of $176.79 and a 200-day moving average price of $169.51.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

See Also

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:RSPFree Report).