CVA Family Office LLC Cuts Position in Invesco S&P 500 Equal Weight ETF $RSP

CVA Family Office LLC reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 58.0% in the second quarter, HoldingsChannel reports. The firm owned 1,121 shares of the company’s stock after selling 1,550 shares during the period. CVA Family Office LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $204,000 as of its most recent SEC filing.

A number of other institutional investors 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 in the second quarter worth about $25,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $26,000. Richardson Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $30,000. Howe & Rusling Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 124 shares during the last quarter. Finally, Olde Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $37,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3%

NYSEARCA RSP opened at $191.26 on Friday. The firm’s fifty day simple moving average is $188.66 and its two-hundred day simple moving average is $181.32. The firm has a market capitalization of $73.85 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30.

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).