Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Lumbard & Kellner LLC

Lumbard & Kellner LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 39.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,088 shares of the company’s stock after selling 18,955 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.3% of Lumbard & Kellner LLC’s holdings, making the stock its 14th largest holding. Lumbard & Kellner LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,286,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in RSP. Total Clarity Wealth Management Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 25.4% in the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after purchasing an additional 872 shares during the period. Almanack Investment Partners LLC. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $1,545,000. Biltmore Family Office LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 20.7% in the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after buying an additional 11,477 shares in the last quarter. Courage Miller Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the second quarter. Courage Miller Partners LLC now owns 58,208 shares of the company’s stock worth $10,579,000 after acquiring an additional 1,816 shares during the period. Finally, Russell Investments Group Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 48.5% in the first quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock worth $657,000 after acquiring an additional 1,239 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

NYSEARCA:RSP opened at $191.53 on Monday. The company has a 50-day moving average of $188.52 and a 200-day moving average of $185.07. The firm has a market cap of $74.09 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33.

Invesco S&P 500 Equal Weight ETF Company 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).