Invst LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 27.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,629 shares of the company’s stock after selling 628 shares during the quarter. Invst LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $274,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Fairman Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $27,000. Partnership Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $25,000. Howe & Rusling Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $26,000. Creekmur Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares in the last quarter. Finally, GAMMA Investing LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $38,000.
Invesco S&P 500 Equal Weight ETF Trading Down 1.7 %
Shares of NYSEARCA:RSP traded down $2.92 on Friday, reaching $166.77. 11,666,272 shares of the company traded hands, compared to its average volume of 6,308,431. The business’s 50-day simple moving average is $166.13 and its 200 day simple moving average is $163.88. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $173.08. The stock has a market capitalization of $55.86 billion, a P/E 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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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