MONECO Advisors LLC Reduces Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

MONECO Advisors LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,569 shares of the company’s stock after selling 3,716 shares during the quarter. MONECO Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of RSP. Alpha Financial Partners LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 42.3% during the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after acquiring an additional 1,502 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of 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 worth $100,000 after acquiring an additional 173 shares during the last quarter. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Pettinga Financial Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $529,000. Finally, Trueblood Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 37.9% during the 3rd quarter. Trueblood Wealth Management LLC now owns 10,003 shares of the company’s stock worth $1,792,000 after acquiring an additional 2,750 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $179.82 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The firm’s fifty day moving average is $178.93 and its 200 day moving average is $178.44. The stock has a market cap of $60.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).