Elevated Capital Advisors LLC Has $338,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Elevated Capital Advisors LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 59.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,928 shares of the company’s stock after selling 2,777 shares during the period. Elevated Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $338,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Riversedge Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after buying an additional 7,883 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock worth $6,614,000 after purchasing an additional 6,001 shares in the last quarter. Brightwater Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $3,227,000. Finally, Montis Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $174.67 on Tuesday. The stock has a market capitalization of $58.50 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s 50-day moving average price is $180.85 and its two-hundred day moving average price is $175.71. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16.

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).