KPP Advisory Services LLC Trims Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

KPP Advisory Services LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,380 shares of the company’s stock after selling 270 shares during the quarter. KPP Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,870,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after purchasing an additional 198,793 shares during the last quarter. Lbmc Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after buying an additional 4,262 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.3% in the third quarter. HighTower Advisors LLC now owns 1,324,876 shares of the company’s stock valued at $237,365,000 after buying an additional 29,620 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $181.24 on Monday. The firm has a market cap of $60.70 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 $155.79 and a 1 year high of $188.16. The firm’s 50 day moving average price is $180.27 and its 200 day moving average price is $177.13.

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).