Old Port Advisors Has $733,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Old Port Advisors trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.3% during the fourth quarter, Holdings Channel reports. The firm owned 4,181 shares of the company’s stock after selling 142 shares during the period. Old Port Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $733,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Richardson Financial Services Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $29,000. Finally, Riggs Asset Managment Co. Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after buying an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP traded up $0.02 during trading on Thursday, reaching $175.25. The stock had a trading volume of 2,947,426 shares, compared to its average volume of 6,107,711. The stock has a market capitalization of $58.70 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16. The business’s 50-day moving average price is $181.25 and its 200 day moving average price is $175.06.

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).