MTM Investment Management LLC Sells 1,081 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

MTM Investment Management LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,404 shares of the company’s stock after selling 1,081 shares during the quarter. MTM Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of RSP. Alpha Financial Partners LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 42.3% in the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after purchasing an additional 1,502 shares during the period. Ritholtz Wealth Management increased its stake in Invesco S&P 500 Equal Weight ETF by 41.6% in the 3rd quarter. Ritholtz Wealth Management now owns 3,162 shares of the company’s stock worth $566,000 after purchasing an additional 929 shares during the period. Exchange Traded Concepts LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $163,000. First United Bank & Trust increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.4% during the third quarter. First United Bank & Trust now owns 29,740 shares of the company’s stock valued at $5,328,000 after buying an additional 3,970 shares during the period. Finally, Piscataqua Savings Bank increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 405.7% during the third quarter. Piscataqua Savings Bank now owns 440 shares of the company’s stock valued at $79,000 after buying an additional 353 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $179.70 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $156.16 and a 52-week high of $188.16. The stock has a market capitalization of $60.19 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average price is $179.38 and its 200-day moving average price is $177.77.

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).