Lowe Brockenbrough & Co. Inc. Sells 1,749 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lowe Brockenbrough & Co. Inc. lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% in the fourth quarter, HoldingsChannel reports. The firm owned 111,157 shares of the company’s stock after selling 1,749 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.2% of Lowe Brockenbrough & Co. Inc.’s portfolio, making the stock its 17th largest position. Lowe Brockenbrough & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,478,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. Strategic Financial Concepts LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 312.2% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock worth $242,674,000 after buying an additional 1,048,921 shares during the period. SPX Gestao de Recursos Ltda grew its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after buying an additional 839,150 shares during the last quarter. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $83,931,000. Finally, Penserra Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after acquiring an additional 465,623 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

Invesco S&P 500 Equal Weight ETF stock opened at $174.64 on Friday. The company has a market capitalization of $72.76 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The stock’s 50 day moving average is $178.64 and its 200-day moving average is $179.04.

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).