Freestone Capital Holdings LLC Sells 10,449 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Freestone Capital Holdings LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 81.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,433 shares of the company’s stock after selling 10,449 shares during the period. Freestone Capital Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $442,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Nova Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $26,000. Howe & Rusling Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 124 shares in the last quarter. GoalVest Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $34,000. Finally, Hanson & Doremus Investment Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.7%

Shares of RSP stock opened at $186.23 on Wednesday. The company has a 50 day moving average of $188.85 and a 200-day moving average of $182.85. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.33. The firm has a market cap of $72.03 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).