Ausdal Financial Partners Inc. Has $2.57 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ausdal Financial Partners Inc. decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,639 shares of the company’s stock after selling 1,454 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,569,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Partnership Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $25,000. Fairman Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $27,000. DHJJ Financial Advisors Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter. Creekmur Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the period. Finally, Central Bank & Trust Co. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $36,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.1 %

Shares of RSP traded down $1.85 on Friday, hitting $170.45. The company’s stock had a trading volume of 9,197,188 shares, compared to its average volume of 6,270,289. The firm’s fifty day moving average price is $169.09 and its 200-day moving average price is $166.19. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $175.96. The firm has a market capitalization of $57.09 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).