Balanced Wealth Group LLC Sells 591 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Balanced Wealth Group LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,453 shares of the company’s stock after selling 591 shares during the period. Balanced Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $563,000 as of its most recent SEC filing.

Several other hedge funds and 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 in the 1st quarter valued at about $27,000. DHJJ Financial Advisors Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC raised its stake in 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 in the last quarter. Central Bank & Trust Co. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $36,000. Finally, Silicon Valley Capital Partners bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $41,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $177.44 on Friday. The company’s fifty day moving average price is $171.16 and its 200-day moving average price is $167.05. The firm has a market capitalization of $59.43 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $178.82.

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).