Invesco S&P 500 Equal Weight ETF $RSP is Dumont & Blake Investment Advisors LLC’s 3rd Largest Position

Dumont & Blake Investment Advisors LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,430 shares of the company’s stock after selling 8,311 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 4.1% of Dumont & Blake Investment Advisors LLC’s holdings, making the stock its 3rd biggest holding. Dumont & Blake Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,526,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $30,000. OLD Second National Bank of Aurora acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $31,000. Finally, Howe & Rusling Inc. grew its position 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 buying an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $188.01 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30. The stock has a market cap of $72.67 billion, a PE ratio of 20.10 and a beta of 1.05. The firm has a fifty day moving average price of $188.16 and a 200 day moving average price of $180.16.

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).