CBIZ Investment Advisory Services LLC Sells 52,947 Shares of Invesco S&P 500 Equal Weight ETF $RSP

CBIZ Investment Advisory Services LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,450 shares of the company’s stock after selling 52,947 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.6% of CBIZ Investment Advisory Services LLC’s holdings, making the stock its 8th largest holding. CBIZ Investment Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $40,491,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Fusion Capital LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after buying an additional 56 shares in the last quarter. Burns J W & Co. Inc. NY grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after acquiring an additional 57 shares in the last quarter. Melfa Wealth Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after purchasing an additional 57 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after purchasing an additional 64 shares during the last quarter. Finally, Associated Banc Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Associated Banc Corp now owns 3,844 shares of the company’s stock valued at $729,000 after purchasing an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $203.46 on Thursday. The company has a market capitalization of $84.37 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $204.17. The business has a 50-day moving average of $196.14 and a two-hundred day moving average of $190.72.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.