Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Burney Co.

Burney Co. reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,503 shares of the company’s stock after selling 359 shares during the period. Burney Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $740,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Fairman Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $27,000. Partnership Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $25,000. Howe & Rusling Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. DHJJ Financial Advisors Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after buying an additional 100 shares during the period. Finally, Creekmur Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.67 during trading on Thursday, hitting $174.54. 3,878,962 shares of the stock traded hands, compared to its average volume of 6,231,780. The company has a fifty day moving average price of $167.85 and a two-hundred day moving average price of $165.49. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $175.58. The stock has a market cap of $58.46 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).