LJI Wealth Management LLC Sells 613 Shares of Invesco S&P 500 Equal Weight ETF $RSP

LJI Wealth Management LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,509 shares of the company’s stock after selling 613 shares during the period. LJI Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $638,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in RSP. Goldman Sachs Group Inc. boosted its stake 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 valued at $1,576,769,000 after buying an additional 6,254,609 shares during the period. Japan Science & Technology Agency bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $656,908,000. Phoenix Financial Ltd. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $269,253,000. Invesco Ltd. boosted its stake 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 valued at $1,938,281,000 after buying an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake 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 valued at $876,058,000 after buying an additional 1,069,297 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

Shares of RSP stock opened at $190.74 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30. The stock has a market cap of $73.49 billion, a P/E ratio of 20.10 and a beta of 1.05. The stock has a 50 day simple moving average of $188.55 and a 200 day simple moving average of $180.86.

Invesco S&P 500 Equal Weight ETF 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).