Cary Street Partners Asset Management LLC Sells 742 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cary Street Partners Asset Management LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,662 shares of the company’s stock after selling 742 shares during the period. Cary Street Partners Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $997,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Salem Investment Counselors Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $26,000. Bristlecone Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $28,000. Bangor Savings Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $28,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $30,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

Shares of RSP stock traded up $0.70 during trading on Friday, hitting $145.49. The company’s stock had a trading volume of 5,027,540 shares, compared to its average volume of 4,620,899. The company has a market cap of $41.13 billion, a PE ratio of 16.13 and a beta of 1.05. The business has a fifty day moving average of $141.28 and a 200-day moving average of $145.40. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $155.77.

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).