Private Client Services LLC Has $3.88 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Private Client Services LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,158 shares of the company’s stock after selling 7,401 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.1% of Private Client Services LLC’s holdings, making the stock its 7th biggest holding. Private Client Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,883,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of RSP. Ironwood Wealth Management LLC. boosted its stake in Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after acquiring an additional 2,317 shares during the period. Principal Financial Group Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 2.2% during the 2nd quarter. Principal Financial Group Inc. now owns 6,133 shares of the company’s stock worth $1,008,000 after buying an additional 132 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $272,000. Balentine LLC increased its position in Invesco S&P 500 Equal Weight ETF by 206.8% in the second quarter. Balentine LLC now owns 1,040 shares of the company’s stock worth $171,000 after buying an additional 701 shares during the period. Finally, First Interstate Bank lifted its stake in Invesco S&P 500 Equal Weight ETF by 20.6% in the second quarter. First Interstate Bank now owns 15,654 shares of the company’s stock valued at $2,572,000 after buying an additional 2,679 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.22 during trading on Wednesday, hitting $175.83. 4,261,680 shares of the stock were exchanged, compared to its average volume of 7,058,832. The stock has a market cap of $58.89 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average is $181.01 and its 200 day moving average is $175.42. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month 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).