BKM Wealth Management LLC Trims Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

BKM Wealth Management LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,080 shares of the company’s stock after selling 524 shares during the period. BKM Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,985,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of RSP. Atlantic Union Bankshares Corp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 47.3% during the 1st quarter. Atlantic Union Bankshares Corp now owns 2,932 shares of the company’s stock valued at $497,000 after purchasing an additional 941 shares during the last quarter. Independence Bank of Kentucky grew its holdings in Invesco S&P 500 Equal Weight ETF by 37.5% during the 1st quarter. Independence Bank of Kentucky now owns 2,454 shares of the company’s stock valued at $416,000 after buying an additional 669 shares in the last quarter. Trust Co. of Virginia VA increased its stake in Invesco S&P 500 Equal Weight ETF by 26.4% in the 1st quarter. Trust Co. of Virginia VA now owns 1,675 shares of the company’s stock worth $284,000 after acquiring an additional 350 shares during the last quarter. Toth Financial Advisory Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $210,000. Finally, Vicus Capital boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the 1st quarter. Vicus Capital now owns 200,306 shares of the company’s stock valued at $33,926,000 after acquiring an additional 4,693 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $178.11 on Friday. The firm has a fifty day moving average price of $176.36 and a 200 day moving average price of $169.17. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $182.22. The firm has a market cap of $59.66 billion, a PE ratio of 20.44 and a beta of 0.90.

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).