Sequoia Financial Advisors LLC Has $28.83 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sequoia Financial Advisors LLC reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,932 shares of the company’s stock after selling 2,156 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,833,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Fairman Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $27,000. DHJJ Financial Advisors Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after buying an additional 100 shares during the period. Creekmur Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after buying an additional 90 shares in the last quarter. Central Bank & Trust Co. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $36,000. Finally, VitalStone Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 46.0% during the third quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock valued at $42,000 after acquiring an additional 74 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

Shares of RSP stock traded down $0.92 during mid-day trading on Tuesday, reaching $179.40. The stock had a trading volume of 1,906,491 shares, compared to its average volume of 6,086,863. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $182.22. The firm has a market cap of $60.09 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s 50 day simple moving average is $175.73 and its 200 day simple moving average is $168.94.

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).