Connecticut Wealth Management LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Connecticut Wealth Management LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 2.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 42,797 shares of the company’s stock after selling 880 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,031,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RSP. Fairman Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $27,000. DHJJ Financial Advisors Ltd. increased its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd 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 last quarter. Creekmur Asset Management LLC increased its holdings 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 worth $33,000 after purchasing an additional 90 shares during the last quarter. Central Bank & Trust Co. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $36,000. Finally, Silicon Valley Capital Partners purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $41,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

Shares of RSP opened at $177.44 on Friday. The firm has a market cap of $59.43 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average of $171.16 and a 200-day moving average of $167.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $178.82.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

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

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