Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by American Institute for Advanced Investment Management LLP

American Institute for Advanced Investment Management LLP lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 30.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,596 shares of the company’s stock after selling 2,432 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,074,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Wealth Care LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $6,291,000. Alexis Investment Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.7% in the 1st quarter. Alexis Investment Partners LLC now owns 40,913 shares of the company’s stock worth $7,695,000 after acquiring an additional 3,621 shares during the period. Key Financial Inc boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.4% in the first quarter. Key Financial Inc now owns 636 shares of the company’s stock valued at $122,000 after acquiring an additional 75 shares in the last quarter. Element Squared LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 29.5% in the first quarter. Element Squared LLC now owns 96,856 shares of the company’s stock valued at $18,589,000 after acquiring an additional 22,051 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.4% during the first quarter. Harbor Investment Advisory LLC now owns 71,892 shares of the company’s stock valued at $13,798,000 after acquiring an additional 6,772 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $212.77 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $214.30. The stock has a market cap of $91.79 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The stock’s 50 day moving average price is $206.65 and its 200 day moving average price is $200.51.

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). 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.