Koss Olinger Consulting LLC Sells 4,893 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Koss Olinger Consulting LLC decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,357 shares of the company’s stock after selling 4,893 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,516,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. Finally, Cloud Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3%

RSP stock opened at $208.83 on Friday. The firm has a market cap of $90.09 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12-month low of $174.27 and a 12-month high of $209.32. The company’s fifty day simple moving average is $199.81 and its 200 day simple moving average is $197.16.

About Invesco S&P 500 Equal Weight ETF

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.