Tilia Fiduciary Partners Inc. Cuts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tilia Fiduciary Partners Inc. decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,483 shares of the company’s stock after selling 182 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $961,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of RSP. Riversedge Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after acquiring an additional 7,883 shares during the period. Blue Trust Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after purchasing an additional 6,001 shares during the last quarter. Brightwater Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $3,227,000. Finally, Montis Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP traded down $2.57 during trading hours on Friday, reaching $173.25. The stock had a trading volume of 7,388,218 shares, compared to its average volume of 7,531,213. The stock has a market cap of $58.03 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a 50 day simple moving average of $180.95 and a 200 day simple moving average of $175.43. Invesco S&P 500 Equal Weight ETF has a 12-month low of $153.10 and a 12-month 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).