Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Financial Counselors Inc.

Financial Counselors Inc. trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 73.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,800 shares of the company’s stock after selling 7,886 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 0.7% of Financial Counselors Inc.’s holdings, making the stock its 12th largest holding. Financial Counselors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $509,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Realta Investment Advisors grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after acquiring an additional 55 shares during the last quarter. Battery Global Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after acquiring an additional 60 shares during the last quarter. Rosenberg Matthew Hamilton grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after acquiring an additional 61 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its holdings 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 worth $1,000,000 after acquiring an additional 64 shares during the last quarter. Finally, Ehrlich Financial Group grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after acquiring an additional 65 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NYSEARCA RSP opened at $191.26 on Monday. The stock has a market capitalization of $73.85 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The stock’s fifty day simple moving average is $188.66 and its 200 day simple moving average is $181.43. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.30.

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).