Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Financial Enhancement Group LLC

Financial Enhancement Group LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 57.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,715 shares of the company’s stock after selling 71,654 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.7% of Financial Enhancement Group LLC’s holdings, making the stock its 19th biggest holding. Financial Enhancement Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,444,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Larson Financial Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 386.4% during the first quarter. Larson Financial Group LLC now owns 856 shares of the company’s stock worth $145,000 after purchasing an additional 680 shares during the period. Howland Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $423,000. Advisory Alpha LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $230,000. MGB Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.4% in the first quarter. MGB Wealth Management LLC now owns 6,282 shares of the company’s stock worth $1,063,000 after acquiring an additional 150 shares during the last quarter. Finally, CFO4Life Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $368,000.

Invesco S&P 500 Equal Weight ETF Trading Up 2.4 %

RSP opened at $182.92 on Thursday. The stock has a fifty day moving average price of $177.34 and a 200 day moving average price of $170.22. Invesco S&P 500 Equal Weight ETF has a 1 year low of $139.03 and a 1 year high of $183.38. The stock has a market cap of $61.27 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).