Annapolis Financial Services LLC Trims Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Annapolis Financial Services LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 45,089 shares of the company’s stock after selling 726 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.4% of Annapolis Financial Services LLC’s investment portfolio, making the stock its 14th largest holding. Annapolis Financial Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,078,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Optimum Investment Advisors boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 95.5% in the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after acquiring an additional 1,060 shares during the period. Tran Capital Management L.P. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $434,000. Destination Wealth Management boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.1% in the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after purchasing an additional 96 shares during the period. Courage Miller Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% during the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after buying an additional 273 shares in the last quarter. Finally, Bank of New Hampshire bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $373,000.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $181.62 on Thursday. The company’s 50-day moving average price is $174.84 and its 200-day moving average price is $168.63. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22. The company has a market cap of $60.83 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).