B. Riley Wealth Advisors Inc. Sells 2,555 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

B. Riley Wealth Advisors Inc. trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 36,421 shares of the company’s stock after selling 2,555 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,495,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Legacy Wealth Management LLC MS increased its position in Invesco S&P 500 Equal Weight ETF by 265.0% during the 3rd quarter. Legacy Wealth Management LLC MS now owns 5,146 shares of the company’s stock valued at $922,000 after buying an additional 3,736 shares in the last quarter. SPX Gestao de Recursos Ltda lifted its position in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after acquiring an additional 839,150 shares in the last quarter. 1ST Source Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $647,000. Franklin Resources Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 18.3% during the third quarter. Franklin Resources Inc. now owns 77,856 shares of the company’s stock valued at $14,109,000 after purchasing an additional 12,048 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 6.1% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 156,235 shares of the company’s stock valued at $27,991,000 after purchasing an additional 8,922 shares during the period.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $182.16 on Friday. The firm has a market cap of $61.01 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16. The business has a 50-day moving average price of $182.01 and a 200-day moving average price of $173.94.

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).