Golden State Wealth Management LLC Sells 631 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Golden State Wealth Management LLC cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,649 shares of the company’s stock after selling 631 shares during the quarter. Golden State Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $83,931,000. Bison Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 11.8% in the first quarter. Crossmark Global Holdings Inc. now owns 5,170 shares of the company’s stock valued at $895,000 after purchasing an additional 546 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its position in Invesco S&P 500 Equal Weight ETF by 55.9% during the first quarter. Rehmann Capital Advisory Group now owns 8,354 shares of the company’s stock valued at $1,447,000 after purchasing an additional 2,995 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $186.00 on Friday. The company has a market capitalization of $71.95 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business has a 50 day moving average of $188.77 and a 200 day moving average of $182.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.33.

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).