Schrum Private Wealth Management LLC Sells 10,907 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Schrum Private Wealth Management LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,017 shares of the company’s stock after selling 10,907 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 2.4% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Schrum Private Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,807,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Strategic Financial Concepts LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares during the last quarter. LPL Financial LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares in the last quarter. Keybank National Association OH raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after acquiring an additional 94,658 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after purchasing an additional 98,000 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after purchasing an additional 198,793 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $177.01 on Thursday. The company has a market cap of $73.58 billion, a PE ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The business has a 50 day moving average price of $179.13 and a 200-day moving average price of $179.07.

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).