Commonwealth Equity Services LLC Sells 367,377 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Commonwealth Equity Services LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,343,710 shares of the company’s stock after selling 367,377 shares during the quarter. Commonwealth Equity Services LLC owned 0.33% of Invesco S&P 500 Equal Weight ETF worth $244,206,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Realta Investment Advisors lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 15.5% during the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after buying an additional 55 shares during the period. Battery Global Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st 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. Signature Estate & Investment Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after purchasing an additional 64 shares in the last quarter. Ehrlich Financial Group increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% during the 2nd 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, Samalin Investment Counsel LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% during the 1st quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock valued at $1,295,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $187.32 on Thursday. The business has a fifty day moving average price of $188.82 and a 200 day moving average price of $182.88. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.33. The stock has a market capitalization of $72.46 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF 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).