Sebold Capital Management Inc. Sells 2,012 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Sebold Capital Management Inc. decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 149,172 shares of the company’s stock after selling 2,012 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 16.7% of Sebold Capital Management Inc.’s investment portfolio, making the stock its largest position. Sebold Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,111,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. American Institute for Advanced Investment Management LLP grew its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. American Institute for Advanced Investment Management LLP now owns 8,054 shares of the company’s stock worth $1,464,000 after buying an additional 96 shares during the last quarter. Navalign LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.9% during the 2nd quarter. Navalign LLC now owns 39,682 shares of the company’s stock worth $7,212,000 after purchasing an additional 1,111 shares in the last quarter. Hills Bank & Trust Co grew its position in Invesco S&P 500 Equal Weight ETF by 5.6% during the 2nd quarter. Hills Bank & Trust Co now owns 2,087 shares of the company’s stock worth $379,000 after purchasing an additional 110 shares in the last quarter. Summit Investment Advisory Services LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $2,943,000. Finally, Hi Line Capital Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 27.3% during the 2nd quarter. Hi Line Capital Management LLC now owns 58,364 shares of the company’s stock worth $10,607,000 after purchasing an additional 12,504 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $187.93 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The stock has a market cap of $72.61 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s 50 day moving average price is $188.90 and its two-hundred day moving average price is $182.36.

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).