Raymond James & Associates Has $244.97 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Raymond James & Associates reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,446,364 shares of the company’s stock after selling 24,916 shares during the quarter. Raymond James & Associates’ holdings in Invesco S&P 500 Equal Weight ETF were worth $244,971,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Accordant Advisory Group Inc bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $117,000. Rainey & Randall Investment Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 26.5% in the first quarter. Rainey & Randall Investment Management Inc. now owns 87,674 shares of the company’s stock worth $14,849,000 after purchasing an additional 18,393 shares in the last quarter. Edge Financial Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $209,000. Everett Harris & Co. CA increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% in the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock worth $795,000 after purchasing an additional 65 shares in the last quarter. Finally, Teamwork Financial Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $1,067,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

RSP stock traded up $0.08 during mid-day trading on Friday, reaching $162.43. The company’s stock had a trading volume of 5,649,491 shares, compared to its average volume of 6,594,313. The company has a market cap of $55.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The business’s 50 day moving average price is $164.11 and its 200 day moving average price is $155.22. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80.

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).