Seelaus Asset Management LLC Cuts Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Seelaus Asset Management LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,289 shares of the company’s stock after selling 403 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.3% of Seelaus Asset Management LLC’s portfolio, making the stock its 15th largest holding. Seelaus Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,507,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $26,000. Howe & Rusling Inc. lifted its position in shares of 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 worth $33,000 after acquiring an additional 124 shares in the last quarter. GoalVest Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth $34,000. Finally, Olde Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $37,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.2%

Shares of NYSEARCA RSP opened at $187.93 on Monday. The company has a market cap of $72.69 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.33. The business has a 50-day simple moving average of $188.90 and a two-hundred day simple moving average of $182.50.

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).