AE Wealth Management LLC Sells 751 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

AE Wealth Management LLC lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,750 shares of the company’s stock after selling 751 shares during the quarter. AE Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,080,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of RSP. Everett Harris & Co. CA grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% during the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after purchasing an additional 65 shares during the last quarter. America First Investment Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after buying an additional 66 shares during the last quarter. Opal Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock worth $715,000 after acquiring an additional 67 shares during the period. Acorn Wealth Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Acorn Wealth Advisors LLC now owns 14,589 shares of the company’s stock worth $2,471,000 after acquiring an additional 70 shares during the last quarter. Finally, SignalPoint Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the first quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock valued at $293,000 after acquiring an additional 70 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $177.44 on Monday. The stock has a 50-day simple moving average of $171.16 and a 200 day simple moving average of $167.09. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $178.82. The stock has a market capitalization of $59.43 billion, a PE ratio of 20.44 and a beta of 0.90.

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).