Burns J W & Co. Inc. NY Cuts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Burns J W & Co. Inc. NY lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,218 shares of the company’s stock after selling 152 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,239,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Partnership Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $25,000. Howe & Rusling Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $26,000. GAMMA Investing LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $38,000. SOA Wealth Advisors LLC. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 51.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after purchasing an additional 103 shares in the last quarter. Finally, Missouri Trust & Investment Co boosted its stake in Invesco S&P 500 Equal Weight ETF by 98.5% during the 4th quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock worth $63,000 after purchasing an additional 197 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.12 on Friday, hitting $164.28. 4,760,987 shares of the company were exchanged, compared to its average volume of 6,062,520. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80. The stock has a market capitalization of $55.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50-day moving average price of $164.71 and a 200 day moving average price of $161.97.

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).