Ameritas Advisory Services LLC Sells 13,996 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ameritas Advisory Services LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 39.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,509 shares of the company’s stock after selling 13,996 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,854,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. United Advisor Group LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 20.6% in the third quarter. United Advisor Group LLC now owns 2,023 shares of the company’s stock worth $362,000 after purchasing an additional 345 shares during the period. Cary Street Partners Asset Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.5% during the third quarter. Cary Street Partners Asset Management LLC now owns 10,273 shares of the company’s stock worth $1,841,000 after acquiring an additional 715 shares during the period. Madden Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $275,000. Alterna Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $587,000. Finally, TKG Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $3,608,000.

Invesco S&P 500 Equal Weight ETF Stock Up 1.2 %

Shares of RSP opened at $178.67 on Wednesday. The stock has a market capitalization of $59.84 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $139.03 and a twelve month high of $182.22. The company has a 50 day moving average of $177.16 and a 200-day moving average of $170.13.

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).