AE Wealth Management LLC Sells 8,490 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

AE Wealth Management LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 163,683 shares of the company’s stock after selling 8,490 shares during the period. AE Wealth Management LLC owned 0.11% of Invesco S&P 500 Equal Weight ETF worth $17,691,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of RSP. Massey Quick Simon & CO. LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 133.6% in the second quarter. Massey Quick Simon & CO. LLC now owns 500 shares of the company’s stock valued at $54,000 after buying an additional 286 shares during the period. Coastal Investment Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 125.4% during the second quarter. Coastal Investment Advisors Inc. now owns 631 shares of the company’s stock worth $67,000 after purchasing an additional 351 shares during the period. Reilly Financial Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $67,000. Lenox Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $69,000. Finally, Hanson & Doremus Investment Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 29.0% during the second quarter. Hanson & Doremus Investment Management now owns 645 shares of the company’s stock worth $70,000 after purchasing an additional 145 shares during the period.

Shares of NYSEARCA RSP traded up $0.81 during trading hours on Wednesday, reaching $112.08. 318,355 shares of the stock were exchanged, compared to its average volume of 676,430. Invesco S&P 500 Equal Weight ETF has a 52 week low of $85.76 and a 52 week high of $113.64. The stock’s fifty day simple moving average is $110.95 and its 200 day simple moving average is $107.61.

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).

Read More: 52-Week Highs and Lows

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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