Executive Wealth Management LLC Has $278,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Executive Wealth Management LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,550 shares of the company’s stock after selling 169 shares during the period. Executive Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $278,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. GHP Investment Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $29,000. Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the period. Finally, Bristlecone Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $33,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $183.30 on Wednesday. The firm’s 50-day moving average is $181.61 and its 200-day moving average is $173.51. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.68 and a 52-week high of $188.16. The company has a market cap of $61.39 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).