Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Maxwell Wealth Strategies Inc.

Maxwell Wealth Strategies Inc. decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,076 shares of the company’s stock after selling 69 shares during the period. Maxwell Wealth Strategies Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $550,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Richardson Financial Services Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. increased its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares during the period. Finally, Creekmur Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7 %

RSP stock opened at $180.94 on Friday. The business has a 50 day simple moving average of $178.67 and a 200-day simple moving average of $171.18. The company has a market capitalization of $60.60 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $144.35 and a twelve month high of $185.79.

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).