Simmons Bank Sells 1,151 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Simmons Bank cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,362 shares of the company’s stock after selling 1,151 shares during the quarter. Simmons Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,336,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of RSP. Total Clarity Wealth Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after purchasing an additional 872 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. increased its stake in Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after purchasing an additional 1,320 shares in the last quarter. Almanack Investment Partners LLC. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $1,545,000. Biltmore Family Office LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 20.7% during the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after purchasing an additional 11,477 shares in the last quarter. Finally, Courage Miller Partners LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.2% during the 2nd quarter. Courage Miller Partners LLC now owns 58,208 shares of the company’s stock worth $10,579,000 after purchasing an additional 1,816 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $186.23 on Wednesday. The business has a 50 day simple moving average of $188.85 and a 200 day simple moving average of $182.85. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33. The stock has a market cap of $72.03 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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).