Prosperitas Financial LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 18.9% during the fourth quarter, Holdings Channel reports. The firm owned 2,473 shares of the company’s stock after selling 577 shares during the quarter. Prosperitas Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $433,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. SJS Investment Consulting Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares in the last quarter. FPC Investment Advisory Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $28,000. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000. Finally, Hemington Wealth Management boosted its stake in Invesco S&P 500 Equal Weight ETF by 84.0% during the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after buying an additional 84 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA:RSP opened at $178.20 on Friday. The company has a market cap of $74.07 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The stock’s 50 day simple moving average is $179.08 and its two-hundred day simple moving average is $178.74.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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