KPP Advisory Services LLC Sells 320 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

KPP Advisory Services LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% during the third quarter, Holdings Channel.com reports. The firm owned 16,650 shares of the company’s stock after selling 320 shares during the period. KPP Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,983,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Destination Wealth Management lifted its position in Invesco S&P 500 Equal Weight ETF by 5.1% in the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after acquiring an additional 96 shares in the last quarter. Courage Miller Partners LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.6% in the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after acquiring an additional 273 shares in the last quarter. Riversedge Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after acquiring an additional 7,883 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 17.5% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after acquiring an additional 6,001 shares in the last quarter. Finally, Brightwater Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $3,227,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7 %

NYSEARCA RSP traded down $1.30 during trading hours on Friday, hitting $180.94. The company’s stock had a trading volume of 5,450,463 shares, compared to its average volume of 6,097,776. Invesco S&P 500 Equal Weight ETF has a 52 week low of $144.35 and a 52 week high of $185.79. The company’s 50-day simple moving average is $178.67 and its two-hundred day simple moving average is $171.18. The company has a market capitalization of $60.60 billion, a PE ratio of 20.44 and a beta of 0.90.

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).