Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by B. Riley Wealth Advisors Inc.

Posted by Stacy Sanders on Aug 1st, 2024

B. Riley Wealth Advisors Inc. cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 24.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,112 shares of the company’s stock after selling 12,400 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Fairman Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $27,000. Partnership Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $25,000. Howe & Rusling Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $26,000. GAMMA Investing LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $38,000. Finally, Silicon Valley Capital Partners purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $41,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $0.81 during trading on Wednesday, reaching $171.60. The stock had a trading volume of 9,949,484 shares, compared to its average volume of 6,242,519. The stock has a market cap of $57.48 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $173.08. The firm’s 50 day moving average price is $165.93 and its two-hundred day moving average price is $163.71.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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).