Axxcess Wealth Management LLC Sells 19,767 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Axxcess Wealth Management LLC decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 51.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,618 shares of the company’s stock after selling 19,767 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,262,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in RSP. Keene & Associates Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after buying an additional 56 shares in the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after acquiring an additional 56 shares during the period. Beaumont Financial Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares in the last quarter. Ingalls & Snyder LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after acquiring an additional 58 shares during the period. Finally, Boston Standard Wealth Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after purchasing an additional 61 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $174.08 on Wednesday. The stock has a market cap of $72.52 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The firm has a fifty day moving average price of $178.68 and a 200-day moving average price of $179.10.

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).