Black Diamond Financial LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 6.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 48,534 shares of the company’s stock after selling 3,379 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.3% of Black Diamond Financial LLC’s investment portfolio, making the stock its 22nd largest position. Black Diamond Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,505,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Delta Financial Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.3% during the fourth quarter. Delta Financial Group Inc. now owns 3,953 shares of the company’s stock valued at $693,000 after purchasing an additional 125 shares during the period. Ascent Wealth Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 6.6% during the fourth quarter. Ascent Wealth Partners LLC now owns 89,233 shares of the company’s stock valued at $15,636,000 after purchasing an additional 5,523 shares during the period. WESPAC Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $1,584,000. Wealthspire Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 27.2% during the fourth quarter. Wealthspire Advisors LLC now owns 15,896 shares of the company’s stock valued at $2,786,000 after purchasing an additional 3,401 shares during the period. Finally, New England Capital Financial Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% during the fourth quarter. New England Capital Financial Advisors LLC now owns 109,103 shares of the company’s stock valued at $19,118,000 after purchasing an additional 1,848 shares during the period.
Invesco S&P 500 Equal Weight ETF Trading Down 1.4 %
Shares of NYSEARCA RSP opened at $179.82 on Monday. The stock has a fifty day simple moving average of $178.93 and a two-hundred day simple moving average of $178.55. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The firm has a market cap of $60.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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