Mountain Pacific Investment Advisers LLC Decreases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mountain Pacific Investment Advisers LLC trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,499 shares of the company’s stock after selling 104 shares during the period. Mountain Pacific Investment Advisers LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,664,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of RSP. Sandy Cove Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $222,000. Riversedge Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after buying an additional 173 shares during the last quarter. Brightwater Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $3,227,000. Finally, Montis Financial LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after buying an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $180.04 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $153.16 and a one year high of $188.16. The business has a fifty day moving average of $180.54 and a 200 day moving average of $176.12. The firm has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).