Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,938 shares of the company’s stock after selling 536 shares during the period. MinichMacGregor Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $534,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of RSP. Battery Global Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after acquiring an additional 60 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.6% during the first quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after purchasing an additional 61 shares during the last quarter. Ehrlich Financial Group boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% in the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after purchasing an additional 65 shares during the period. Live Oak Private Wealth LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% in the first quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock worth $594,000 after purchasing an additional 67 shares during the period. Finally, Samalin Investment Counsel LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.9% during the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock valued at $1,295,000 after purchasing an additional 67 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $188.57 on Friday. The company’s fifty day moving average is $186.83 and its two-hundred day moving average is $178.52. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $190.54. The stock has a market capitalization of $74.75 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

About Invesco S&P 500 Equal Weight ETF

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).