GoalVest Advisory LLC Sells 8,977 Shares of Invesco S&P 500 Equal Weight ETF $RSP

GoalVest Advisory LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,413 shares of the company’s stock after selling 8,977 shares during the period. GoalVest Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,428,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Everhart Financial Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $286,000. Adamsbrown Wealth Consultants LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 92.4% during the second quarter. Adamsbrown Wealth Consultants LLC now owns 2,178 shares of the company’s stock valued at $463,000 after buying an additional 1,046 shares during the period. Legacy Wealth Management LLC MS boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.5% during the 2nd quarter. Legacy Wealth Management LLC MS now owns 8,556 shares of the company’s stock valued at $1,820,000 after buying an additional 667 shares in the last quarter. Private Wealth Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 22.5% during the 2nd quarter. Private Wealth Group LLC now owns 57,736 shares of the company’s stock valued at $12,285,000 after buying an additional 10,587 shares in the last quarter. Finally, Worth Asset Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 33.8% in the 2nd quarter. Worth Asset Management LLC now owns 8,851 shares of the company’s stock worth $1,883,000 after buying an additional 2,236 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $220.09 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $221.09. The firm’s 50-day simple moving average is $212.86 and its two-hundred day simple moving average is $204.46. The stock has a market cap of $99.46 billion, a PE ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.