GoalVest Advisory LLC Trims Position in Invesco S&P 500 Equal Weight ETF $RSP

GoalVest Advisory LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.0% during the second quarter, Holdings Channel reports. The fund owned 11,413 shares of the company’s stock after selling 8,977 shares during the period. GoalVest Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,428,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of RSP. Everhart Financial Group Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $286,000. Adamsbrown Wealth Consultants LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 92.4% during the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 2,178 shares of the company’s stock valued at $463,000 after purchasing an additional 1,046 shares during the last quarter. Legacy Wealth Management LLC MS lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 8.5% in the 2nd quarter. Legacy Wealth Management LLC MS now owns 8,556 shares of the company’s stock worth $1,820,000 after purchasing an additional 667 shares during the period. Private Wealth Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 22.5% in the second quarter. Private Wealth Group LLC now owns 57,736 shares of the company’s stock worth $12,285,000 after buying an additional 10,587 shares during the last quarter. Finally, Worth Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 33.8% in the second quarter. Worth Asset Management LLC now owns 8,851 shares of the company’s stock worth $1,883,000 after buying an additional 2,236 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA RSP opened at $220.09 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $221.09. The firm has a market capitalization of $99.46 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm has a 50 day moving average of $212.86 and a 200 day moving average of $204.46.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.