Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Reduced by Meritage Portfolio Management

Meritage Portfolio Management decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,380 shares of the company’s stock after selling 225 shares during the period. Meritage Portfolio Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $218,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Lyell Wealth Management LP lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.1% during the fourth quarter. Lyell Wealth Management LP now owns 23,121 shares of the company’s stock valued at $3,648,000 after purchasing an additional 256 shares during the last quarter. Carret Asset Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.1% during the 4th quarter. Carret Asset Management LLC now owns 7,655 shares of the company’s stock valued at $1,208,000 after acquiring an additional 443 shares during the last quarter. Bfsg LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the 4th quarter. Bfsg LLC now owns 4,599 shares of the company’s stock worth $726,000 after acquiring an additional 251 shares in the last quarter. Acas LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 4th quarter. Acas LLC now owns 4,399 shares of the company’s stock worth $694,000 after acquiring an additional 157 shares during the last quarter. Finally, Madison Park Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $1,086,000.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $162.41 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The firm has a market capitalization of $55.14 billion, a PE ratio of 20.43 and a beta of 0.93. The stock’s fifty day moving average is $164.11 and its 200-day moving average is $155.04.

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).