Crumly & Associates Inc. Sells 3,880 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Crumly & Associates Inc. cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,521 shares of the company’s stock after selling 3,880 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.1% of Crumly & Associates Inc.’s investment portfolio, making the stock its 26th biggest position. Crumly & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,643,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in RSP. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Brandywine Financial Group raised its position in Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares during the last quarter. Hurley Capital LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter. Asset Dedication LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth $36,000. Finally, Basepoint Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $40,000. 61.18% of the stock is owned by institutional investors.

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

Invesco S&P 500 Equal Weight ETF stock opened at $220.09 on Friday. The stock has a 50-day simple moving average of $212.86 and a 200 day simple moving average of $204.46. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $221.09. The stock has a market capitalization of $99.46 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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). 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.