Stonebridge Financial Group LLC Has $202,000 Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Stonebridge Financial Group LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 94.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 951 shares of the company’s stock after selling 17,524 shares during the quarter. Stonebridge Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $29,000. Brandywine Financial Group lifted its stake in Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Hurley Capital LLC grew its position in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares in the last quarter. Asset Dedication LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $36,000. Finally, Basepoint Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $40,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.4%

Shares of RSP opened at $220.23 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $220.45. The company’s fifty day moving average is $212.18 and its 200-day moving average is $204.07. The firm has a market cap of $99.52 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

Invesco S&P 500 Equal Weight ETF Company 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.