JGP Wealth Management LLC Has $1.26 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

JGP Wealth Management LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,040 shares of the company’s stock after selling 497 shares during the period. JGP Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,261,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Fairman Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $27,000. DHJJ Financial Advisors Ltd. increased its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares during the last quarter. Creekmur Asset Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares during the last quarter. Central Bank & Trust Co. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $36,000. Finally, Goodman Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $39,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %

Shares of RSP traded up $1.57 during midday trading on Friday, reaching $179.72. 2,414,374 shares of the stock were exchanged, compared to its average volume of 6,163,198. The company has a market cap of $60.20 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $180.14. The stock’s 50 day simple moving average is $173.52 and its 200 day simple moving average is $168.27.

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).