Confluence Wealth Services Inc. Has $6.21 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Confluence Wealth Services Inc. cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,190 shares of the company’s stock after selling 333 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,214,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $26,000. Richardson Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $30,000. OLD Second National Bank of Aurora purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $31,000. Finally, Howe & Rusling Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

Shares of NYSEARCA:RSP opened at $191.25 on Monday. The firm has a market cap of $75.17 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30. The business has a fifty day simple moving average of $187.22 and a 200 day simple moving average of $179.19.

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).