American Institute for Advanced Investment Management LLP Sells 113 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

American Institute for Advanced Investment Management LLP cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the fourth quarter, HoldingsChannel reports. The firm owned 7,858 shares of the company’s stock after selling 113 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.0% of American Institute for Advanced Investment Management LLP’s holdings, making the stock its 27th largest position. American Institute for Advanced Investment Management LLP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,377,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. SJS Investment Consulting Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares in the last quarter. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $28,000. Richardson Financial Services Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Finally, Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

RSP opened at $180.81 on Thursday. The company has a market capitalization of $60.56 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $155.79 and a 12-month high of $188.16. The business’s fifty day simple moving average is $180.41 and its 200-day simple moving average is $176.94.

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).