Retirement Investment Advisors Inc. Sells 557 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Retirement Investment Advisors Inc. cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,980 shares of the company’s stock after selling 557 shares during the period. Retirement Investment Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,087,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nova Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $26,000. Howe & Rusling Inc. raised its holdings in 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 in the last quarter. GoalVest Advisory LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $34,000. Finally, Hanson & Doremus Investment Management lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after acquiring an additional 72 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $187.56 on Friday. The stock has a market capitalization of $72.55 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock’s fifty day moving average is $188.74 and its 200 day moving average is $183.09. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week 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).