Silver Oak Securities Incorporated Has $2.53 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Silver Oak Securities Incorporated reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 52.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,179 shares of the company’s stock after selling 14,688 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,529,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Fiduciary Alliance LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.5% in the 1st quarter. Fiduciary Alliance LLC now owns 13,868 shares of the company’s stock valued at $2,770,000 after buying an additional 847 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 57,183 shares of the company’s stock valued at $10,974,000 after acquiring an additional 6,630 shares in the last quarter. Financial Enhancement Group LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 63.1% during the 1st quarter. Financial Enhancement Group LLC now owns 29,232 shares of the company’s stock valued at $5,939,000 after acquiring an additional 11,310 shares in the last quarter. Cardinal Point Capital Management ULC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $727,000. Finally, Ritholtz Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF by 44.7% in the first quarter. Ritholtz Wealth Management now owns 8,061 shares of the company’s stock valued at $1,547,000 after acquiring an additional 2,491 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

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

NYSEARCA:RSP opened at $210.38 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $178.60 and a 12-month high of $214.30. The firm has a market capitalization of $90.76 billion, a PE ratio of 20.10 and a beta of 0.91. The firm has a 50-day moving average price of $205.75 and a 200 day moving average price of $199.94.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.