Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Financial Counselors Inc.

Financial Counselors Inc. reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 73.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,800 shares of the company’s stock after selling 7,886 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 0.7% of Financial Counselors Inc.’s portfolio, making the stock its 12th largest position. Financial Counselors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $509,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in RSP. Nova Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $25,000. Uniplan Investment Counsel Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $26,000. Richardson Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $30,000. Howe & Rusling Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares during the period. Finally, GoalVest Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $34,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $191.26 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30. The stock has a market cap of $73.85 billion, a PE ratio of 20.10 and a beta of 1.05. The business’s fifty day moving average is $188.66 and its 200-day moving average is $181.43.

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).