Garner Asset Management Corp Reduces Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Garner Asset Management Corp cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,654 shares of the company’s stock after selling 1,643 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.2% of Garner Asset Management Corp’s holdings, making the stock its 24th largest position. Garner Asset Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,407,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in RSP. Fairman Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at $27,000. DHJJ Financial Advisors Ltd. grew its stake in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares during the period. Central Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $36,000. Finally, Silicon Valley Capital Partners acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $41,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Shares of NYSEARCA RSP opened at $176.21 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $178.40. The business’s 50 day moving average price is $170.76 and its 200 day moving average price is $166.88. The firm has a market cap of $59.02 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).