SBI Securities Co. Ltd. lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 60.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229 shares of the company’s stock after selling 348 shares during the period. SBI Securities Co. Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $42,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of RSP. Nova Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $26,000. Howe & Rusling Inc. grew its holdings 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 purchasing an additional 124 shares during the last quarter. GoalVest Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $34,000. Finally, Hanson & Doremus Investment Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.5% in the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after buying an additional 72 shares during the period. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA:RSP opened at $184.99 on Wednesday. The firm’s 50 day simple moving average is $188.72 and its 200 day simple moving average is $184.29. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.33. The company has a market cap of $71.56 billion, a PE ratio of 20.10 and a beta of 0.99.
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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