Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,306 shares of the company’s stock after selling 78 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Van ECK Associates Corp raised its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares in the last quarter. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Cambridge Financial Group Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Finally, Joseph Group Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $164.90 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16. The company’s 50 day moving average price is $171.09 and its 200 day moving average price is $177.19. The firm has a market capitalization of $68.59 billion, a price-to-earnings ratio of 19.70 and a beta of 1.01.

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).