Archford Capital Strategies LLC Lowers Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Archford Capital Strategies LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,192 shares of the company’s stock after selling 1,381 shares during the period. Archford Capital Strategies LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Covenant Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% in the second quarter. Covenant Asset Management LLC now owns 6,650 shares of the company’s stock valued at $1,209,000 after purchasing an additional 349 shares in the last quarter. Hanson & Doremus Investment Management boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after buying an additional 72 shares during the period. Jackson Grant Investment Advisers Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 147,713 shares of the company’s stock valued at $26,845,000 after purchasing an additional 1,784 shares during the last quarter. Norris Perne & French LLP MI grew its position in Invesco S&P 500 Equal Weight ETF by 15.8% in the 2nd quarter. Norris Perne & French LLP MI now owns 46,040 shares of the company’s stock valued at $8,367,000 after buying an additional 6,289 shares during the last quarter. Finally, Genesis Private Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.7% in the second quarter. Genesis Private Wealth LLC now owns 25,087 shares of the company’s stock valued at $4,559,000 after purchasing an additional 895 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0%

NYSEARCA:RSP opened at $188.57 on Monday. The stock has a market cap of $74.75 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $190.54. The firm’s fifty day simple moving average is $186.83 and its 200-day simple moving average is $178.64.

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).