Vigilare Wealth Management cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 74.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,333 shares of the company’s stock after selling 6,764 shares during the quarter. Vigilare Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $418,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Richardson Financial Services Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the period. GHP Investment Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the period. DHJJ Financial Advisors Ltd. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares during the period. Finally, Creekmur Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP opened at $176.41 on Friday. The firm has a market capitalization of $59.09 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $137.38 and a one year high of $182.22. The company’s 50 day moving average price is $177.03 and its 200 day moving average price is $169.73.
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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