Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,674 shares of the company’s stock after selling 149 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lunt Capital Management Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.3% in the third quarter. Lunt Capital Management Inc. now owns 24,041 shares of the company’s stock valued at $4,307,000 after buying an additional 2,249 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 40.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 7,286 shares of the company’s stock worth $1,305,000 after acquiring an additional 2,108 shares during the last quarter. Riggs Asset Managment Co. Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares during the period. First Financial Bankshares Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $306,000. Finally, West Bancorporation Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.2% during the third quarter. West Bancorporation Inc. now owns 3,468 shares of the company’s stock valued at $621,000 after purchasing an additional 349 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP traded up $1.40 during trading on Monday, reaching $179.51. The company had a trading volume of 231,196 shares, compared to its average volume of 6,045,458. The firm’s 50-day simple moving average is $176.50 and its 200 day simple moving average is $169.29. The company has a market cap of $60.13 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.54 and a 12-month high of $182.22.

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).