Ameritas Advisory Services LLC Sells 4,474 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Ameritas Advisory Services LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,161 shares of the company’s stock after selling 4,474 shares during the period. Ameritas Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,301,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in RSP. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $25,000. Uniplan Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $26,000. Richardson Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $30,000. OLD Second National Bank of Aurora bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $31,000. Finally, Howe & Rusling Inc. grew its stake 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 worth $33,000 after acquiring an additional 124 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $190.58 on Friday. The company has a market capitalization of $75.08 billion, a P/E ratio of 20.10 and a beta of 1.05. The company’s 50-day simple moving average is $187.15 and its two-hundred day simple moving average is $179.02. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $190.95.

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).