Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Holdings Cut by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the fourth quarter, HoldingsChannel reports. The firm owned 94,316 shares of the company’s stock after selling 1,474 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 4.4% of Dumont & Blake Investment Advisors LLC’s holdings, making the stock its 4th biggest position. Dumont & Blake Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,527,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in RSP. Crews Bank & Trust acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $13,248,000. OLD National Bancorp IN increased its stake in Invesco S&P 500 Equal Weight ETF by 5.1% in the 4th quarter. OLD National Bancorp IN now owns 9,414 shares of the company’s stock valued at $1,650,000 after buying an additional 459 shares during the period. Baring Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $3,389,000. Gries Financial LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2.2% in the 4th quarter. Gries Financial LLC now owns 19,495 shares of the company’s stock valued at $3,416,000 after acquiring an additional 423 shares during the last quarter. Finally, Milestone Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 19.7% during the fourth quarter. Milestone Asset Management LLC now owns 12,609 shares of the company’s stock worth $2,210,000 after acquiring an additional 2,072 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

Shares of RSP opened at $182.74 on Friday. The firm has a market cap of $61.21 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The company’s fifty day moving average is $180.39 and its two-hundred day moving average is $176.97.

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).