Schnieders Capital Management LLC Sells 125 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Schnieders Capital Management LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,308 shares of the company’s stock after selling 125 shares during the period. Schnieders Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $25,000. Uniplan Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $26,000. Richardson Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $30,000. Howe & Rusling Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares in the last quarter. Finally, Olde Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $37,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $188.01 on Monday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.30. The stock has a market capitalization of $72.67 billion, a P/E ratio of 20.10 and a beta of 1.05. The company’s 50-day simple moving average is $188.16 and its 200-day simple moving average is $180.26.

Invesco S&P 500 Equal Weight ETF 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).