Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by BKM Wealth Management LLC

BKM Wealth Management LLC trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,740 shares of the company’s stock after selling 168 shares during the quarter. BKM Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,134,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of RSP. Goldman Sachs Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after buying an additional 6,254,609 shares during the period. Japan Science & Technology Agency acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $656,908,000. Phoenix Financial Ltd. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $269,253,000. Invesco Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after acquiring an additional 1,069,297 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $188.01 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30. The firm has a market capitalization of $72.67 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The company has a 50 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).