Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.5% in the second quarter, HoldingsChannel reports. The fund owned 4,025 shares of the company’s stock after selling 278 shares during the period. Teamwork Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $732,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the period. Heck Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $83,931,000. Bernard Wealth Management Corp. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $251,000. Bison Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares during the period. Finally, Deutsche Bank AG boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 279.4% in the fourth quarter. Deutsche Bank AG now owns 47,374 shares of the company’s stock valued at $8,301,000 after acquiring an additional 34,886 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $188.96 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $190.54. The firm has a market capitalization of $74.91 billion, a PE ratio of 20.10 and a beta of 1.05. The company’s 50 day simple moving average is $185.95 and its 200 day simple moving average is $177.70.

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).