Radnor Capital Management LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Radnor Capital Management LLC reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,122 shares of the company’s stock after selling 410 shares during the quarter. Radnor Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $722,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of RSP. Riversedge Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after buying an additional 173 shares during the last quarter. Brightwater Advisory LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $3,227,000. Montis Financial LLC increased its holdings in shares of 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 worth $9,992,000 after buying an additional 21,202 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after acquiring an additional 2,206 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $177.77 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16. The business’s 50 day simple moving average is $180.80 and its two-hundred day simple moving average is $175.79. The stock has a market capitalization of $59.54 billion, a P/E 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).