Private Client Services LLC Sells 3,036 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Private Client Services LLC trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,617 shares of the company’s stock after selling 3,036 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 0.8% of Private Client Services LLC’s investment portfolio, making the stock its 26th biggest position. Private Client Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,110,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $83,931,000. Bison Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $279,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $217.11 on Tuesday. The firm’s fifty day moving average is $211.93 and its 200-day moving average is $203.92. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $218.11. The firm has a market cap of $98.21 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.