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

Founders Financial Securities LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 90.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,436 shares of the company’s stock after selling 14,149 shares during the period. Founders Financial Securities LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $236,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Partnership Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $25,000. Fairman Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $27,000. DHJJ Financial Advisors Ltd. lifted 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 worth $32,000 after purchasing an additional 100 shares during the period. Creekmur Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares in the last quarter. Finally, Central Bank & Trust Co. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $36,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.1 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $170.45 on Friday. The business has a fifty day simple moving average of $169.09 and a 200-day simple moving average of $166.14. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $175.96. The firm has a market cap of $57.09 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).