Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% in the first quarter, HoldingsChannel.com reports. The firm owned 18,939 shares of the company’s stock after selling 300 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,208,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in RSP. Partnership Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $25,000. Howe & Rusling Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $26,000. GAMMA Investing LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $38,000. SOA Wealth Advisors LLC. raised its holdings in Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after buying an additional 103 shares during the period. Finally, Missouri Trust & Investment Co increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 98.5% in the 4th quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock valued at $63,000 after purchasing an additional 197 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $0.12 during trading hours on Friday, hitting $164.28. The stock had a trading volume of 4,760,987 shares, compared to its average volume of 6,062,520. The company has a market capitalization of $55.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50-day moving average price is $164.71 and its two-hundred day moving average price is $162.04. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80.

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).