Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by American Capital Advisory LLC
by Scott Moore · The Cerbat GemAmerican Capital Advisory LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,255 shares of the company’s stock after selling 925 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.2% of American Capital Advisory LLC’s portfolio, making the stock its 20th biggest position. American Capital Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,016,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Destination Wealth Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after purchasing an additional 96 shares in the last quarter. Courage Miller Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after buying an additional 273 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.2% in the 1st quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock valued at $34,755,000 after buying an additional 23,957 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after buying an additional 6,001 shares during the last quarter. Finally, Brightwater Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $3,227,000.
Invesco S&P 500 Equal Weight ETF Stock Up 1.8 %
RSP traded up $3.23 on Wednesday, reaching $181.90. The company had a trading volume of 4,334,137 shares, compared to its average volume of 6,021,531. Invesco S&P 500 Equal Weight ETF has a 1 year low of $139.03 and a 1 year high of $183.38. The stock has a market capitalization of $60.93 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average price of $177.16 and a 200-day moving average price of $170.13.
About Invesco S&P 500 Equal Weight ETF
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).
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