49 Wealth Management LLC Sells 110 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

49 Wealth Management LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,705 shares of the company’s stock after selling 110 shares during the quarter. 49 Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $485,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Destination Wealth Management boosted its position 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 valued at $328,000 after buying an additional 96 shares during the last quarter. Courage Miller Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after acquiring an additional 273 shares during the last quarter. Riversedge Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 6.7% during 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. Brown Brothers Harriman & Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after purchasing an additional 6,001 shares in the last quarter. Finally, Brightwater Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $3,227,000.

Invesco S&P 500 Equal Weight ETF Stock Up 1.3 %

Shares of RSP stock opened at $184.08 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $146.01 and a 12-month high of $185.79. The firm has a fifty day moving average of $179.45 and a 200-day moving average of $171.75. The firm has a market capitalization of $61.66 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).