Roger Wittlin Investment Advisory LLC Sells 4,030 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Roger Wittlin Investment Advisory LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,977 shares of the company’s stock after selling 4,030 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 2.2% of Roger Wittlin Investment Advisory LLC’s portfolio, making the stock its 11th biggest position. Roger Wittlin Investment Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,994,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $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 in the 4th quarter valued at $83,931,000. Bison Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the period. Total Wealth Planning & Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $278,000. Finally, Park Square Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $4,771,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1%

RSP stock opened at $188.71 on Wednesday. The firm has a market cap of $74.81 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The company’s fifty day simple moving average is $186.58 and its 200 day simple moving average is $178.25. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $190.54.

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).