Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 175,657 shares of the company’s stock after selling 3,838 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.0% of Moran Wealth Management LLC’s holdings, making the stock its 16th largest holding. Moran Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $30,429,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of RSP. Ironwood Wealth Management LLC. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.7% during the fourth quarter. Ironwood Wealth Management LLC. now owns 31,036 shares of the company’s stock valued at $5,438,000 after acquiring an additional 3,500 shares during the last quarter. Brighton Jones LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Van ECK Associates Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 27.2% during the fourth quarter. Wealthspire Advisors LLC now owns 15,896 shares of the company’s stock valued at $2,786,000 after acquiring an additional 3,401 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $178.49 on Tuesday. The business has a 50 day simple moving average of $173.64 and a two-hundred day simple moving average of $175.19. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $188.16. The stock has a market capitalization of $72.15 billion, a P/E ratio of 20.59 and a beta of 0.99.

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).