Invesco S&P 500 Equal Weight ETF $RSP Position Lowered by Ameliora Wealth Management Ltd.

Ameliora Wealth Management Ltd. reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,344 shares of the company’s stock after selling 99 shares during the period. Ameliora Wealth Management Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $608,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $26,000. Richardson Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $30,000. OLD Second National Bank of Aurora bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $31,000. Finally, Howe & Rusling Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $191.19 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.30. The company has a 50-day simple moving average of $187.31 and a 200-day simple moving average of $179.31. The firm has a market capitalization of $75.15 billion, a PE ratio of 20.10 and a beta of 1.05.

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).