RMR Capital Management LLC Has $4.14 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

RMR Capital Management LLC decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 23,602 shares of the company’s stock after selling 187 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 3.1% of RMR Capital Management LLC’s portfolio, making the stock its 5th largest position. RMR Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,136,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. SJS Investment Consulting Inc. increased its position 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 purchasing an additional 88 shares during the period. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $28,000. Richardson Financial Services Inc. lifted its holdings 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 worth $29,000 after buying an additional 83 shares during the period. GHP Investment Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $29,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3 %

Shares of RSP stock opened at $182.03 on Thursday. The stock has a market cap of $60.97 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average is $180.41 and its 200 day moving average is $176.94. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16.

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).