Drucker Wealth 3.0 LLC trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 16.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,646 shares of the company’s stock after selling 323 shares during the quarter. Drucker Wealth 3.0 LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Nova Wealth Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $25,000. Uniplan Investment Counsel Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $26,000. Richardson Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $30,000. OLD Second National Bank of Aurora acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $31,000. Finally, Howe & Rusling Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Trading Down 2.3%
NYSEARCA RSP opened at $185.12 on Friday. The stock’s 50-day moving average price is $187.69 and its two-hundred day moving average price is $179.67. The company has a market cap of $72.28 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30.
About Invesco S&P 500 Equal Weight ETF
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).
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