Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by REDW Wealth LLC

REDW Wealth LLC lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 27,729 shares of the company’s stock after selling 13,800 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.7% of REDW Wealth LLC’s portfolio, making the stock its 13th largest holding. REDW Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,859,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RSP. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares in the last quarter. FPC Investment Advisory Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $28,000. Van ECK Associates Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares in the last quarter. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $29,000. Finally, Roxbury Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $34,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %

Shares of RSP stock opened at $176.69 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The company’s 50-day moving average price is $179.07 and its 200-day moving average price is $179.17. The stock has a market cap of $73.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

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).