18,361 Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Virginia Estate & Retirement Planning Advisors Inc.

Virginia Estate & Retirement Planning Advisors Inc. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 58.8% during the third quarter, Holdings Channel reports. The institutional investor owned 12,878 shares of the company’s stock after selling 18,361 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 3.4% of Virginia Estate & Retirement Planning Advisors Inc.’s portfolio, making the stock its 10th largest holding. Virginia Estate & Retirement Planning Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,682,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in RSP. Salem Investment Counselors Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 14.3% in the third quarter. Salem Investment Counselors Inc. now owns 5,536 shares of the company’s stock valued at $1,152,000 after acquiring an additional 694 shares in the last quarter. Signal Advisors Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 12.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 136,517 shares of the company’s stock worth $28,398,000 after acquiring an additional 15,330 shares in the last quarter. GEM Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.8% during the 3rd quarter. GEM Asset Management LLC now owns 15,944 shares of the company’s stock worth $3,317,000 after acquiring an additional 433 shares in the last quarter. BigSur Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 14.7% during the 3rd quarter. BigSur Wealth Management LLC now owns 38,100 shares of the company’s stock worth $7,926,000 after acquiring an additional 4,871 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $4,737,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1%

Shares of NYSEARCA:RSP opened at $213.30 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The company’s 50 day moving average is $216.16 and its two-hundred day moving average is $210.02. The company has a market cap of $97.90 billion, a PE ratio of 20.10 and a beta of 0.92.

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.