Grant GrossMendelsohn LLC Decreases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Grant GrossMendelsohn LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,221 shares of the company’s stock after selling 175 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.0% of Grant GrossMendelsohn LLC’s holdings, making the stock its 29th largest position. Grant GrossMendelsohn LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,966,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. GHP Investment Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000. Richardson Financial Services Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $33,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

Shares of NYSEARCA:RSP opened at $180.04 on Friday. The firm has a 50 day simple moving average of $180.54 and a 200-day simple moving average of $175.95. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.16 and a twelve month high of $188.16. The company has a market capitalization of $60.30 billion, a PE ratio of 20.44 and a beta of 0.90.

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).