Traphagen Investment Advisors LLC Sells 311 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Traphagen Investment Advisors LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,563 shares of the company’s stock after selling 311 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $280,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in RSP. Inlet Private Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after buying an additional 63 shares during the last quarter. Everett Harris & Co. CA increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% in the 1st quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock worth $795,000 after purchasing an additional 65 shares in the last quarter. Delta Investment Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after purchasing an additional 65 shares in the last quarter. America First Investment Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 2.6% in the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after purchasing an additional 66 shares during the last quarter. Finally, Opal Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after purchasing an additional 67 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP traded down $1.44 during midday trading on Tuesday, hitting $178.88. 1,222,156 shares of the stock were exchanged, compared to its average volume of 6,083,985. The business’s 50-day moving average price is $175.73 and its 200 day moving average price is $168.94. The stock has a market capitalization of $59.91 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $182.22.

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).