Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by American Capital Advisory LLC

American Capital Advisory LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 11,255 shares of the company’s stock after selling 925 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.2% of American Capital Advisory LLC’s portfolio, making the stock its 20th biggest position. American Capital Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,016,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Donald L. Hagan LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $728,000. Radnor Capital Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 36.4% during the 3rd quarter. Radnor Capital Management LLC now owns 4,532 shares of the company’s stock worth $812,000 after buying an additional 1,210 shares in the last quarter. Benchmark Financial Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 30,988 shares of the company’s stock valued at $5,552,000 after buying an additional 195 shares during the period. Leslie Global Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $278,000. Finally, Guidance Point Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $206,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP traded up $3.23 during trading hours on Wednesday, hitting $181.90. The company’s stock had a trading volume of 4,334,137 shares, compared to its average volume of 6,021,531. The company has a market capitalization of $60.93 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $139.03 and a 52-week high of $183.38. The business’s 50-day moving average is $177.16 and its two-hundred day moving average is $170.13.

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).