Kingswood Wealth Advisors LLC Sells 354 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kingswood Wealth Advisors LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,624 shares of the company’s stock after selling 354 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $635,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. SJS Investment Consulting Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $28,000. GHP Investment Advisors Inc. raised 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 purchasing an additional 72 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $29,000. Finally, Richardson Financial Services Inc. grew its position in shares of 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 buying an additional 83 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $180.81 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $155.79 and a 1-year high of $188.16. The business has a 50-day moving average price of $180.41 and a 200 day moving average price of $176.94. The company has a market capitalization of $60.56 billion, a P/E 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).