Integrated Advisors Network LLC Sells 39,148 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Integrated Advisors Network LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.8% in the 1st quarter, Holdings Channel reports. The firm owned 46,399 shares of the company’s stock after selling 39,148 shares during the period. Integrated Advisors Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,905,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $29,000. Hurley Capital LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $42,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $215.45 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $215.61. The firm has a fifty day moving average of $207.59 and a 200 day moving average of $201.10. The firm has a market capitalization of $95.02 billion, a PE ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.