Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Mascagni Wealth Management Inc.

Mascagni Wealth Management Inc. trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,507 shares of the company’s stock after selling 129 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.1% of Mascagni Wealth Management Inc.’s portfolio, making the stock its 28th biggest position. Mascagni Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,140,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Van ECK Associates Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the period. Cambridge Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Bridge Generations Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Joseph Group Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Finally, OLD Second National Bank of Aurora bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $31,000.

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

Shares of NYSEARCA:RSP opened at $178.49 on Tuesday. The company has a market cap of $72.15 billion, a PE ratio of 20.59 and a beta of 0.99. The company’s 50-day moving average price is $173.64 and its 200 day moving average price is $175.19. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF Company 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).