Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,652 shares of the company’s stock after selling 1,094 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $441,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $860,010,000. Balyasny Asset Management L.P. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $671,392,000. Morgan Stanley lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after purchasing an additional 2,153,993 shares during the period. Global Assets Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $284,337,000. Finally, Chai Trust Co. LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 926.0% in the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock valued at $241,693,000 after buying an additional 1,539,527 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded up $0.15 on Friday, hitting $164.31. 4,760,986 shares of the company’s stock were exchanged, compared to its average volume of 6,062,520. The firm has a market cap of $55.03 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm’s 50-day moving average price is $164.71 and its two-hundred day moving average price is $161.97. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80.

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).