Tennessee Valley Asset Management Partners Has $791,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tennessee Valley Asset Management Partners lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,516 shares of the company’s stock after selling 1,435 shares during the period. Tennessee Valley Asset Management Partners’ holdings in Invesco S&P 500 Equal Weight ETF were worth $791,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Peak Financial Management Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 4.6% during the 4th quarter. Peak Financial Management Inc. now owns 75,716 shares of the company’s stock worth $13,268,000 after acquiring an additional 3,338 shares during the period. Novare Capital Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.3% in the 4th quarter. Novare Capital Management LLC now owns 5,426 shares of the company’s stock valued at $951,000 after purchasing an additional 173 shares during the period. Avaii Wealth Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 47.4% in the fourth quarter. Avaii Wealth Management LLC now owns 3,959 shares of the company’s stock worth $694,000 after purchasing an additional 1,274 shares in the last quarter. Consolidated Investment Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.2% during the fourth quarter. Consolidated Investment Group LLC now owns 368,800 shares of the company’s stock worth $64,625,000 after purchasing an additional 37,000 shares during the period. Finally, Crescent Grove Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $512,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $182.19 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The firm has a market cap of $61.02 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s 50 day moving average price is $180.39 and its two-hundred day moving average price is $176.66.

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).