Invst LLC Sells 628 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Invst LLC decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,629 shares of the company’s stock after selling 628 shares during the period. Invst LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $274,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. J.W. Cole Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 126.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock worth $6,384,000 after purchasing an additional 22,615 shares during the period. Apexium Financial LP increased its stake in Invesco S&P 500 Equal Weight ETF by 111.6% during the 4th quarter. Apexium Financial LP now owns 14,908 shares of the company’s stock worth $2,353,000 after acquiring an additional 7,864 shares during the period. Roble Belko & Company Inc bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $263,000. Summit Trail Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 9.5% during the 4th quarter. Summit Trail Advisors LLC now owns 545,519 shares of the company’s stock worth $86,083,000 after acquiring an additional 47,327 shares during the period. Finally, Birchcreek Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 12.4% during the 4th quarter. Birchcreek Wealth Management LLC now owns 29,423 shares of the company’s stock worth $4,643,000 after acquiring an additional 3,255 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock traded down $2.92 during mid-day trading on Friday, reaching $166.77. 11,666,272 shares of the company were exchanged, compared to its average volume of 6,308,431. The company has a fifty day simple moving average of $166.13 and a 200-day simple moving average of $163.88. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $173.08. The firm has a market cap of $55.86 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).