American Financial Advisors LLC Sells 839 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

American Financial Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,199 shares of the company’s stock after selling 839 shares during the quarter. American Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,111,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in RSP. Tran Capital Management L.P. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $434,000. Destination Wealth Management grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.1% during the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after purchasing an additional 96 shares during the last quarter. Courage Miller Partners LLC increased its holdings in shares of 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 purchasing an additional 273 shares in the last quarter. Blair William & Co. IL raised its position in Invesco S&P 500 Equal Weight ETF by 13.2% in the 1st quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock worth $34,755,000 after purchasing an additional 23,957 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in Invesco S&P 500 Equal Weight ETF by 17.5% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock worth $6,614,000 after purchasing an additional 6,001 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded down $0.04 on Tuesday, reaching $179.08. 1,458,585 shares of the stock were exchanged, compared to its average volume of 6,036,951. Invesco S&P 500 Equal Weight ETF has a one year low of $133.54 and a one year high of $182.22. The stock has a market cap of $59.98 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average price of $176.64 and a 200 day moving average price of $169.39.

About Invesco S&P 500 Equal Weight ETF

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).