Turim 21 Investimentos Ltda. Has $68.82 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Turim 21 Investimentos Ltda. lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 418,919 shares of the company’s stock after selling 42,406 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 17.6% of Turim 21 Investimentos Ltda.’s investment portfolio, making the stock its 2nd biggest position. Turim 21 Investimentos Ltda. owned 0.13% of Invesco S&P 500 Equal Weight ETF worth $68,820,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of RSP. Fairman Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $27,000. DHJJ Financial Advisors Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares during the last quarter. Creekmur Asset Management LLC raised its stake in 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 worth $33,000 after acquiring an additional 90 shares in the last quarter. Central Bank & Trust Co. acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $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 about $41,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $177.44 on Monday. The stock has a market cap of $59.43 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50 day simple moving average of $171.16 and a 200 day simple moving average of $167.09. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year 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).