Maltin Wealth Management Inc. Sells 626 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Maltin Wealth Management Inc. cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,172 shares of the company’s stock after selling 626 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.7% of Maltin Wealth Management Inc.’s investment portfolio, making the stock its 18th largest holding. Maltin Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. GHP Investment Advisors Inc. grew its stake 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 worth $29,000 after purchasing an additional 72 shares during the period. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000. Richardson Financial Services Inc. increased its holdings in 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 in the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $33,000.

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

Shares of RSP stock opened at $180.04 on Monday. The firm has a 50 day moving average of $180.54 and a 200-day moving average of $176.12. The company has a market cap of $60.30 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.16 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).