IAM Advisory LLC Lowers Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

IAM Advisory LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,459 shares of the company’s stock after selling 137 shares during the period. IAM Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $256,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Riversedge Advisors LLC lifted its holdings in shares of 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 worth $22,471,000 after acquiring an additional 7,883 shares during the last quarter. Blue Trust Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares during the last quarter. Brightwater Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $3,227,000. Montis Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 61.3% during the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after buying an additional 21,202 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock worth $23,455,000 after buying an additional 2,206 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $180.04 on Friday. The business has a 50-day moving average of $180.54 and a 200 day moving average of $176.04. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.16 and a 1-year high of $188.16. The stock has a market capitalization of $60.30 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).