Invesco S&P 500 Equal Weight ETF $RSP Stake Lowered by Advisory Services Network LLC

Advisory Services Network LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,486 shares of the company’s stock after selling 14,026 shares during the quarter. Advisory Services Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,390,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Nova Wealth Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $25,000. Uniplan Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $26,000. Investment Counsel Co. of Nevada bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $29,000. Howe & Rusling Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $34,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7%

Shares of RSP stock opened at $193.41 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.47. The company has a 50 day simple moving average of $189.04 and a two-hundred day simple moving average of $186.04. The stock has a market cap of $74.81 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).