Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,379 shares of the company’s stock after selling 1,618 shares during the quarter. Kovack Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,886,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Total Clarity Wealth Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after purchasing an additional 872 shares during the period. Strategic Family Wealth Counselors L.L.C. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after purchasing an additional 1,320 shares during the period. Almanack Investment Partners LLC. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $1,545,000. Biltmore Family Office LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 20.7% during the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after purchasing an additional 11,477 shares during the period. Finally, Courage Miller Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 2nd quarter. Courage Miller Partners LLC now owns 58,208 shares of the company’s stock worth $10,579,000 after purchasing an additional 1,816 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $187.52 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The stock has a market capitalization of $72.45 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business’s 50 day simple moving average is $188.93 and its 200-day simple moving average is $182.06.

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).