Merriman Wealth Management LLC Decreases Stake in Invesco S&P 500 Equal Weight ETF (RSP)

Merriman Wealth Management LLC lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 30.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,125 shares of the company’s stock after selling 2,656 shares during the quarter. Merriman Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $654,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gerber Kawasaki Wealth & Investment Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $499,000. Global Financial Private Capital LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 26.1% in the third quarter. Global Financial Private Capital LLC now owns 623,168 shares of the company’s stock valued at $66,561,000 after purchasing an additional 128,898 shares during the last quarter. Essex Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the third quarter. Essex Financial Services Inc. now owns 19,983 shares of the company’s stock valued at $2,134,000 after purchasing an additional 802 shares during the last quarter. Paragon Capital Management Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $239,000. Finally, IFG Advisory LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.3% in the third quarter. IFG Advisory LLC now owns 138,574 shares of the company’s stock valued at $5,271,000 after purchasing an additional 5,726 shares during the last quarter.

NYSEARCA:RSP opened at $102.17 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $94.97 and a one year high of $108.89.

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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).

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

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