LongView Wealth Management Has $791,000 Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

LongView Wealth Management lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,514 shares of the company’s stock after selling 313 shares during the quarter. LongView Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $791,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. Richardson Financial Services Inc. raised its stake in shares of 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 purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000. Finally, Riggs Asset Managment Co. Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after buying an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

NYSEARCA RSP opened at $180.04 on Friday. The firm has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90. The business has a fifty day simple moving average of $180.54 and a 200 day simple moving average of $175.95. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 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).