American Financial Advisors LLC Sells 341 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

American Financial Advisors LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,169 shares of the company’s stock after selling 341 shares during the period. American Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,131,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RSP. Ironwood Wealth Management LLC. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 59.6% in the 1st quarter. Ironwood Wealth Management LLC. now owns 8,585 shares of the company’s stock valued at $1,354,000 after buying an additional 3,207 shares during the last quarter. BlackRock Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 1st quarter. BlackRock Inc. now owns 170,508 shares of the company’s stock valued at $26,891,000 after buying an additional 663 shares during the last quarter. Vontobel Holding Ltd. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.7% during the 1st quarter. Vontobel Holding Ltd. now owns 11,000 shares of the company’s stock valued at $1,735,000 after purchasing an additional 2,250 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 46.5% during the 1st quarter. Baird Financial Group Inc. now owns 333,958 shares of the company’s stock valued at $52,669,000 after purchasing an additional 105,955 shares in the last quarter. Finally, Mather Group LLC. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 89.8% during the 1st quarter. Mather Group LLC. now owns 2,604 shares of the company’s stock valued at $411,000 after purchasing an additional 1,232 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.59 on Friday, hitting $159.80. 8,816,101 shares of the company’s stock traded hands, compared to its average volume of 6,686,133. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80. The company has a fifty day moving average of $163.82 and a two-hundred day moving average of $154.12. The company has a market capitalization of $54.26 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93.

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).