Global Financial Private Client LLC Lowers Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Global Financial Private Client LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,515 shares of the company’s stock after selling 1,101 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.1% of Global Financial Private Client LLC’s portfolio, making the stock its 13th biggest position. Global Financial Private Client LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,713,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in RSP. New England Capital Financial Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.7% in the second quarter. New England Capital Financial Advisors LLC now owns 105,223 shares of the company’s stock valued at $17,286,000 after purchasing an additional 1,781 shares during the last quarter. MTC Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $9,192,000. Stelac Advisory Services LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Stelac Advisory Services LLC now owns 32,932 shares of the company’s stock worth $5,410,000 after acquiring an additional 402 shares in the last quarter. Principal Financial Group Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 2.2% during the second quarter. Principal Financial Group Inc. now owns 6,133 shares of the company’s stock valued at $1,008,000 after acquiring an additional 132 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the second quarter. Nations Financial Group Inc. IA ADV now owns 37,343 shares of the company’s stock valued at $6,135,000 after acquiring an additional 575 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

Shares of RSP stock traded up $1.35 during trading hours on Friday, reaching $175.87. 4,597,226 shares of the company’s stock were exchanged, compared to its average volume of 6,229,496. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $175.96. The stock’s 50 day moving average is $168.24 and its 200-day moving average is $165.67. The company has a market cap of $58.91 billion, a price-to-earnings 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).