New Wave Wealth Advisors LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 5.3% in the second quarter, Holdings Channel.com reports. The firm owned 7,474 shares of the company’s stock after selling 421 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,358,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $30,000. OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $31,000. Finally, Howe & Rusling Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.2%
NYSEARCA RSP opened at $190.13 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $190.54. The stock has a market cap of $75.37 billion, a P/E ratio of 20.10 and a beta of 1.05. The stock’s fifty day moving average price is $187.07 and its 200-day moving average price is $178.91.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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