Retirement Investment Advisors Inc. Has $1.09 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Retirement Investment Advisors Inc. reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,980 shares of the company’s stock after selling 557 shares during the period. Retirement Investment Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,087,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Prospera Financial Services Inc lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 10.0% in the second quarter. Prospera Financial Services Inc now owns 39,350 shares of the company’s stock valued at $7,154,000 after buying an additional 3,566 shares during the last quarter. RWA Wealth Partners LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% during the 2nd quarter. RWA Wealth Partners LLC now owns 43,292 shares of the company’s stock valued at $7,868,000 after purchasing an additional 1,954 shares during the last quarter. CM Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 29.1% during the 2nd quarter. CM Wealth Advisors LLC now owns 55,148 shares of the company’s stock valued at $10,023,000 after purchasing an additional 12,440 shares during the last quarter. Vestmark Advisory Solutions Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $14,365,000. Finally, Bryn Mawr Trust Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 56.8% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 43,882 shares of the company’s stock valued at $7,975,000 after purchasing an additional 15,891 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $187.56 on Friday. The company’s 50-day moving average is $188.74 and its 200-day moving average is $183.09. The firm has a market capitalization of $72.55 billion, a PE ratio of 20.10 and a beta of 0.99. 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.

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).