Penbrook Management LLC Has $322,000 Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Penbrook Management LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,770 shares of the company’s stock after selling 400 shares during the quarter. Penbrook Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Realta Investment Advisors boosted its holdings in Invesco S&P 500 Equal Weight ETF by 15.5% during the second quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after purchasing an additional 55 shares in the last quarter. Battery Global Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after purchasing an additional 60 shares in the last quarter. Rosenberg Matthew Hamilton boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the first quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after purchasing an additional 61 shares in the last quarter. Ehrlich Financial Group boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% during the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after purchasing an additional 65 shares in the last quarter. Finally, Live Oak Private Wealth LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% during the first quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after purchasing an additional 67 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0%

NYSEARCA RSP opened at $186.92 on Tuesday. The company has a market capitalization of $72.93 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30. The stock’s 50 day moving average is $187.75 and its two-hundred day moving average is $179.81.

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).