McKinley Carter Wealth Services Inc. Reduces Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

McKinley Carter Wealth Services Inc. decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 8,779 shares of the company’s stock after selling 87 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,538,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SJS Investment Consulting Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares in the last quarter. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $28,000. GHP Investment Advisors Inc. boosted its position in shares of 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 acquiring an additional 72 shares during the period. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $181.41 on Wednesday. The company’s 50 day simple moving average is $180.41 and its two-hundred day simple moving average is $176.94. The stock has a market capitalization of $60.76 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $155.79 and a 1 year high of $188.16.

About Invesco S&P 500 Equal Weight ETF

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).