Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,313 shares of the company’s stock after selling 1,837 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,337,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of RSP. Strategic Financial Concepts LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after buying an additional 6,352,369 shares during the period. Balyasny Asset Management L.P. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $671,392,000. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares during the period. US Bancorp DE boosted its position in Invesco S&P 500 Equal Weight ETF by 2,150.4% in the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after buying an additional 1,990,537 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $284,337,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7 %

RSP opened at $176.28 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $176.59. The firm has a 50 day moving average of $170.28 and a two-hundred day moving average of $166.72. The firm has a market capitalization of $59.04 billion, a PE ratio of 20.44 and a beta of 0.90.

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).