KPP Advisory Services LLC Sells 85 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

KPP Advisory Services LLC reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,970 shares of the company’s stock after selling 85 shares during the period. KPP Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,788,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $4,965,000. Jones Financial Companies Lllp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $85,000. Peapack Gladstone Financial Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 19.9% during the 4th quarter. Peapack Gladstone Financial Corp now owns 135,503 shares of the company’s stock worth $21,382,000 after purchasing an additional 22,483 shares during the period. Belpointe Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 307.2% in the 4th quarter. Belpointe Asset Management LLC now owns 66,512 shares of the company’s stock worth $10,496,000 after buying an additional 50,178 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in Invesco S&P 500 Equal Weight ETF by 16.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 22,186 shares of the company’s stock valued at $3,501,000 after buying an additional 3,193 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

RSP opened at $179.16 on Tuesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $179.94. The company’s 50-day moving average price is $172.16 and its two-hundred day moving average price is $167.62. The stock has a market cap of $60.01 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).