Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Requisite Capital Management LLC

Requisite Capital Management LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 270,876 shares of the company’s stock after selling 14,415 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 9.7% of Requisite Capital Management LLC’s portfolio, making the stock its 5th biggest holding. Requisite Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $47,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in RSP. Beaumont Financial Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after buying an additional 58 shares in the last quarter. CPA Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after acquiring an additional 62 shares in the last quarter. Inlet Private Wealth LLC increased its position in Invesco S&P 500 Equal Weight ETF by 2.2% during the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares in the last quarter. Abound Wealth Management lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after purchasing an additional 63 shares during the last quarter. Finally, Avior Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the fourth quarter. Avior Wealth Management LLC now owns 4,272 shares of the company’s stock worth $749,000 after buying an additional 64 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

Shares of RSP stock opened at $182.19 on Friday. The firm has a market capitalization of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The stock’s fifty day simple moving average is $180.39 and its 200 day simple moving average is $176.57.

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).