Schrum Private Wealth Management LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,030 shares of the company’s stock after selling 663 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 2.2% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Schrum Private Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,732,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Realta Investment Advisors boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.5% during the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after acquiring an additional 55 shares during the period. Battery Global Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during 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 during the period. Rosenberg Matthew Hamilton boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after acquiring an additional 61 shares during the period. Ehrlich Financial Group boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after acquiring an additional 65 shares during the period. Finally, Live Oak Private Wealth LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the 1st quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock worth $594,000 after acquiring an additional 67 shares during the period. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.3%
Shares of NYSEARCA RSP opened at $190.97 on Thursday. The stock has a 50 day moving average of $187.50 and a 200-day moving average of $179.47. The company has a market capitalization of $75.06 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30.
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).
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