Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Element Wealth LLC

Element Wealth LLC reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,137 shares of the company’s stock after selling 63 shares during the quarter. Element Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $199,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Alpha Financial Partners LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 42.3% during the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock valued at $905,000 after acquiring an additional 1,502 shares in the last quarter. Blue Trust Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 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 valued at approximately $28,000. Beese Fulmer Investment Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $213,000. Finally, Bogart Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 48.1% during the third quarter. Bogart Wealth LLC now owns 1,274 shares of the company’s stock worth $228,000 after buying an additional 414 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $179.82 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The firm has a market capitalization of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average is $178.98 and its two-hundred day moving average is $178.23.

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).