Avaii Wealth Management LLC Sells 690 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Avaii Wealth Management LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,685 shares of the company’s stock after selling 690 shares during the period. Avaii Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $481,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of RSP. Fairman Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $27,000. DHJJ Financial Advisors Ltd. increased its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the period. Creekmur Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 90 shares during the period. Central Bank & Trust Co. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $36,000. Finally, Goodman Advisory Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $39,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded down $0.27 during midday trading on Thursday, reaching $181.35. 1,258,096 shares of the stock were exchanged, compared to its average volume of 6,120,893. The company’s fifty day moving average is $174.84 and its 200-day moving average is $168.63. The firm has a market cap of $60.74 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $182.22.

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).