Patten & Patten Inc. TN Lowers Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Patten & Patten Inc. TN trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.5% in the 4th quarter, HoldingsChannel reports. The fund owned 17,693 shares of the company’s stock after selling 637 shares during the quarter. Patten & Patten Inc. TN’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,100,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the period. Van ECK Associates Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares in the last quarter. FPC Investment Advisory Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $28,000. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $29,000. Finally, Hemington Wealth Management raised its holdings in Invesco S&P 500 Equal Weight ETF by 84.0% during the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after acquiring an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.9 %

NYSEARCA RSP opened at $172.66 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The business has a 50-day moving average price of $178.73 and a 200-day moving average price of $179.07. The firm has a market cap of $71.93 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

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).