Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Reduced by Turim 21 Investimentos Ltda.

Turim 21 Investimentos Ltda. cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 418,919 shares of the company’s stock after selling 42,406 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 17.6% of Turim 21 Investimentos Ltda.’s portfolio, making the stock its 2nd largest position. Turim 21 Investimentos Ltda.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $68,820,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Fairman Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $27,000. DHJJ Financial Advisors Ltd. increased its stake in Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares during the period. Central Bank & Trust Co. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $36,000. Finally, Silicon Valley Capital Partners bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $41,000.

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

NYSEARCA:RSP opened at $177.44 on Monday. The firm has a market capitalization of $59.43 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a fifty day moving average of $171.16 and a 200 day moving average of $167.09. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $178.82.

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).