Private Wealth Asset Management LLC Sells 3,300 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Private Wealth Asset Management LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,979 shares of the company’s stock after selling 3,300 shares during the period. Private Wealth Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,087,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RSP. Nova Wealth Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $26,000. Richardson Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $30,000. OLD Second National Bank of Aurora bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $31,000. Finally, Howe & Rusling Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in 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 period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $188.47 on Wednesday. The company has a market capitalization of $73.53 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The business’s 50-day moving average is $187.85 and its 200-day moving average is $179.87. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30.

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).