Aspiriant LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Aspiriant LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,223 shares of the company’s stock after selling 2,612 shares during the period. Aspiriant LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,312,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in RSP. Goldman Sachs Group Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after purchasing an additional 6,254,609 shares during the period. Japan Science & Technology Agency bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $656,908,000. Phoenix Financial Ltd. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $269,253,000. Invesco Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.0% in the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after purchasing an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after purchasing an additional 1,069,297 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $188.01 on Friday. The stock has a market cap of $72.86 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.30. The firm’s fifty day moving average price is $188.16 and its 200-day moving average price is $180.13.

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).