Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Godshalk Welsh Capital Management Inc.

Godshalk Welsh Capital Management Inc. trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,336 shares of the company’s stock after selling 349 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.6% of Godshalk Welsh Capital Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Godshalk Welsh Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,355,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 3.9% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 63,516 shares of the company’s stock worth $10,435,000 after purchasing an additional 2,412 shares in the last quarter. Retirement Investment Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth about $1,065,000. GM Advisory Group LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.8% in the second quarter. GM Advisory Group LLC now owns 18,160 shares of the company’s stock valued at $2,983,000 after acquiring an additional 152 shares during the period. Ieq Capital LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.4% in the second quarter. Ieq Capital LLC now owns 39,748 shares of the company’s stock valued at $6,530,000 after acquiring an additional 546 shares during the period. Finally, Cowa LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 193.1% in the second quarter. Cowa LLC now owns 28,097 shares of the company’s stock valued at $4,616,000 after acquiring an additional 18,511 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

Shares of RSP stock opened at $178.09 on Friday. The business has a 50 day moving average of $170.98 and a two-hundred day moving average of $166.95. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $178.82. The company has a market cap of $59.65 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).