Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,509 shares of the company’s stock after selling 1,025 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $577,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in RSP. Ballentine Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $205,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $16,553,000. Strategic Blueprint LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.3% during the fourth quarter. Strategic Blueprint LLC now owns 5,670 shares of the company’s stock worth $895,000 after buying an additional 531 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $1,051,000. Finally, HBK Sorce Advisory LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 14.6% during the 4th quarter. HBK Sorce Advisory LLC now owns 9,292 shares of the company’s stock worth $1,466,000 after acquiring an additional 1,186 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7 %

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $1.16 on Wednesday, reaching $163.34. 5,933,090 shares of the stock were exchanged, compared to its average volume of 6,371,558. The firm has a market capitalization of $54.71 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $173.08. The business has a fifty day moving average price of $166.07 and a two-hundred day moving average price of $164.13.

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).