Tennessee Valley Asset Management Partners Sells 1,435 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tennessee Valley Asset Management Partners lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,516 shares of the company’s stock after selling 1,435 shares during the period. Tennessee Valley Asset Management Partners’ holdings in Invesco S&P 500 Equal Weight ETF were worth $791,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. SJS Investment Consulting Inc. raised its holdings in shares of 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 in the last quarter. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. Richardson Financial Services Inc. increased 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 last quarter. GHP Investment Advisors Inc. raised its holdings 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 valued at $29,000 after buying an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $182.19 on Monday. The company has a market cap of $61.02 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average of $180.39 and a 200-day moving average of $176.66. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week 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).