Johnson Bixby & Associates LLC Sells 2,815 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Johnson Bixby & Associates LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,273 shares of the company’s stock after selling 2,815 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.1% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 20th largest holding. Johnson Bixby & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,882,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in RSP. Beaumont Financial Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares during the last quarter. CPA Asset Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after purchasing an additional 62 shares during the last quarter. Inlet Private Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares in the last quarter. Abound Wealth Management lifted its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after purchasing an additional 63 shares during the last quarter. Finally, Avior Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the 4th quarter. Avior Wealth Management LLC now owns 4,272 shares of the company’s stock worth $749,000 after buying an additional 64 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $182.35 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The firm’s fifty day moving average price is $180.36 and its 200-day moving average price is $176.40. The stock has a market cap of $61.08 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).