Connecticut Wealth Management LLC Trims Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Connecticut Wealth Management LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,797 shares of the company’s stock after selling 880 shares during the period. Connecticut Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,031,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Fairman Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $27,000. DHJJ Financial Advisors Ltd. raised its holdings 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 acquiring an additional 100 shares during the last quarter. Creekmur Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st 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. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $36,000. Finally, Silicon Valley Capital Partners acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $41,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $177.44 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $178.82. The stock has a fifty day moving average of $171.16 and a two-hundred day moving average of $167.05. The company has a market capitalization of $59.43 billion, a PE 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).