Rosenberg Matthew Hamilton Cuts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Rosenberg Matthew Hamilton cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,890 shares of the company’s stock after selling 199 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Invesco S&P 500 Equal Weight ETF were worth $682,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in RSP. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. GHP Investment Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $29,000. Richardson Financial Services Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

Invesco S&P 500 Equal Weight ETF stock opened at $174.67 on Tuesday. The business’s 50 day simple moving average is $180.85 and its 200 day simple moving average is $175.71. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16. The company has a market cap of $58.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).