JGP Wealth Management LLC Decreases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

JGP Wealth Management LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,873 shares of the company’s stock after selling 167 shares during the quarter. JGP Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of RSP. Riversedge Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in 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 during the period. Blue Trust Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the last quarter. Brightwater Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $3,227,000. Montis Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after purchasing an additional 21,202 shares during the period. Finally, Captrust Financial Advisors lifted its position in Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after purchasing an additional 2,206 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $179.17 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The business has a 50 day moving average price of $180.70 and a 200-day moving average price of $175.81. The firm has a market cap of $60.01 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).