KPP Advisory Services LLC Has $2.98 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

KPP Advisory Services LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,650 shares of the company’s stock after selling 320 shares during the period. KPP Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,983,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the period. Richardson Financial Services Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the period. Bristlecone Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $33,000. Finally, Riggs Asset Managment Co. Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% during the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.7 %

Invesco S&P 500 Equal Weight ETF stock traded down $1.30 during trading hours on Friday, reaching $180.94. 5,450,463 shares of the company’s stock were exchanged, compared to its average volume of 6,097,776. The firm’s 50 day simple moving average is $178.67 and its 200 day simple moving average is $171.18. Invesco S&P 500 Equal Weight ETF has a twelve month low of $144.35 and a twelve month high of $185.79. The firm has a market capitalization of $60.60 billion, a PE ratio of 20.44 and a beta of 0.90.

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).