Roberts Wealth Advisors LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Roberts Wealth Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,750 shares of the company’s stock after selling 100 shares during the period. Roberts Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $488,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Optimum Investment Advisors lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 95.5% during the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock valued at $368,000 after purchasing an additional 1,060 shares during the last quarter. Tran Capital Management L.P. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $434,000. Destination Wealth Management raised its holdings in Invesco S&P 500 Equal Weight ETF by 5.1% in the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after acquiring an additional 96 shares during the last quarter. Courage Miller Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after acquiring an additional 273 shares during the last quarter. Finally, Bank of New Hampshire purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $373,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

Shares of NYSEARCA RSP opened at $180.43 on Wednesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $182.22. The firm has a market cap of $60.43 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a 50 day moving average of $174.47 and a 200 day moving average of $168.54.

Invesco S&P 500 Equal Weight ETF 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).