Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,823 shares of the company’s stock after selling 157 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Invesco S&P 500 Equal Weight ETF were worth $957,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fairman Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $27,000. Partnership Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $25,000. Howe & Rusling Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. DHJJ Financial Advisors Ltd. lifted its stake in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares during the period. Finally, Creekmur Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.41 during trading on Friday, hitting $170.78. 3,454,702 shares of the company’s stock were exchanged, compared to its average volume of 6,308,656. The stock has a market capitalization of $57.20 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business has a 50-day simple moving average of $166.52 and a 200-day simple moving average of $164.64. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $173.08.

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).