Penbrook Management LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 18.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,770 shares of the company’s stock after selling 400 shares during the period. Penbrook Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $322,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Nova Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $25,000. Uniplan Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $26,000. Richardson Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $30,000. OLD Second National Bank of Aurora bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $31,000. Finally, Howe & Rusling Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 190.8% during 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 during the period. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Up 1.0%
Shares of RSP opened at $186.92 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30. The firm has a market capitalization of $72.93 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The stock’s 50-day moving average price is $187.75 and its 200 day moving average price is $179.81.
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).
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