Invesco S&P 500 Equal Weight ETF $RSP Stock Holdings Lessened by Freedom Investment Management Inc.

Freedom Investment Management Inc. reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 85.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,303 shares of the company’s stock after selling 7,570 shares during the quarter. Freedom Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $237,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Realta Investment Advisors lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after buying an additional 55 shares during the last quarter. Battery Global Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after buying an additional 60 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after buying an additional 61 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after purchasing an additional 64 shares during the last quarter. Finally, Ehrlich Financial Group lifted its position in Invesco S&P 500 Equal Weight ETF by 1.4% in the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after purchasing an additional 65 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

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

Shares of NYSEARCA:RSP opened at $192.11 on Tuesday. The company has a market cap of $74.18 billion, a PE ratio of 20.10 and a beta of 0.99. The company’s 50-day moving average price is $188.79 and its 200 day moving average price is $181.62. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.33.

Invesco S&P 500 Equal Weight ETF 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).