Advisory Alpha LLC cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 26.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,438 shares of the company’s stock after selling 530 shares during the quarter. Advisory Alpha LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Richardson Financial Services Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. boosted its holdings 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 purchasing an additional 72 shares during the period. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $29,000. Finally, Riggs Asset Managment Co. Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after purchasing an additional 110 shares during the period.
Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %
NYSEARCA:RSP opened at $182.35 on Friday. The firm has a market cap of $61.08 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average price of $180.36 and a 200 day moving average price of $176.40. Invesco S&P 500 Equal Weight ETF has a 12-month low of $155.79 and a 12-month high of $188.16.
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).
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