Advisors Preferred LLC Sells 364 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Advisors Preferred LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% in the second quarter, Holdings Channel.com reports. The fund owned 26,497 shares of the company’s stock after selling 364 shares during the period. Advisors Preferred LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in RSP. Nova Wealth Management Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $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. 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 acquiring an additional 124 shares during the last quarter. GoalVest Advisory LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $34,000. Finally, Cloud Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $42,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $187.47 on Tuesday. The firm has a market capitalization of $72.51 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business has a 50 day simple moving average of $188.89 and a two-hundred day simple moving average of $182.68. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.33.

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).