Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Brookstone Capital Management

Brookstone Capital Management lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 206,681 shares of the company’s stock after selling 5,351 shares during the quarter. Brookstone Capital Management owned about 0.06% of Invesco S&P 500 Equal Weight ETF worth $37,029,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares during the period. US Bancorp DE grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% during the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after purchasing an additional 1,990,537 shares during the period. Finally, Global Assets Advisory LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $284,337,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $177.60 on Wednesday. The stock has a market capitalization of $59.49 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $179.94. The firm’s 50 day simple moving average is $173.07 and its 200-day simple moving average is $168.05.

Invesco S&P 500 Equal Weight ETF Company 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).