Sebold Capital Management Inc. Has $27.66 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sebold Capital Management Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 157,829 shares of the company’s stock after selling 3,508 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 18.5% of Sebold Capital Management Inc.’s holdings, making the stock its biggest position. Sebold Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,656,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. CPA Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 4.7% in 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 grew its position in Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after acquiring an additional 63 shares in the last quarter. Abound Wealth Management grew its position in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after acquiring an additional 63 shares in the last quarter. Delta Investment Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after buying an additional 65 shares during the period. Finally, Founders Financial Alliance LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the 2nd quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock worth $469,000 after buying an additional 67 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0 %

NYSEARCA RSP opened at $177.77 on Thursday. The company has a fifty day simple moving average of $180.80 and a 200 day simple moving average of $175.79. The company has a market cap of $59.54 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16.

About Invesco S&P 500 Equal Weight ETF

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).