Colonial River Investments LLC Sells 128 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Colonial River Investments LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,381 shares of the company’s stock after selling 128 shares during the quarter. Colonial River Investments LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $427,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. GHP Investment Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares in the last quarter. Bristlecone Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after acquiring an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6 %

NYSEARCA:RSP opened at $184.10 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $139.03 and a twelve month high of $184.47. The firm has a market capitalization of $61.66 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average price is $177.68 and its two-hundred day moving average price is $170.47.

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).