Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.6% in the second quarter, Holdings Channel reports. The institutional investor owned 3,509 shares of the company’s stock after selling 1,025 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $577,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $860,010,000. Balyasny Asset Management L.P. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $671,392,000. JPMorgan Chase & Co. lifted its holdings in 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 buying an additional 2,328,560 shares during the last quarter. Global Assets Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $284,337,000. Finally, Westwood Holdings Group Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 347.9% in the 1st quarter. Westwood Holdings Group Inc. now owns 871,278 shares of the company’s stock valued at $147,568,000 after acquiring an additional 676,761 shares during the last quarter.

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

RSP stock traded down $1.16 during trading on Wednesday, hitting $163.34. 5,933,090 shares of the company’s stock were exchanged, compared to its average volume of 6,371,558. The business has a 50-day moving average price of $166.07 and a two-hundred day moving average price of $164.13. The stock has a market capitalization of $54.71 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $173.08.

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).