GeoWealth Management LLC Sells 4,297 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

GeoWealth Management LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,648 shares of the company’s stock after selling 4,297 shares during the quarter. GeoWealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,845,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Invesco Ltd. raised its holdings in Invesco S&P 500 Equal Weight ETF by 30.6% during the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after acquiring an additional 2,338,882 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after buying an additional 8,451,521 shares in the last quarter. LPL Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after acquiring an additional 275,904 shares in the last quarter. Keybank National Association OH lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after acquiring an additional 94,658 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock worth $273,513,000 after purchasing an additional 7,532 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $162.66 on Friday. The stock has a 50-day simple moving average of $172.54 and a 200 day simple moving average of $177.62. The stock has a market capitalization of $67.95 billion, a P/E ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $188.16.

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).