Western Wealth Management LLC Has $720,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Western Wealth Management LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 49.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,107 shares of the company’s stock after selling 3,946 shares during the period. Western Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $720,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of RSP. Beta Wealth Group Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after buying an additional 150 shares during the period. Tidemark LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 31.4% in the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after acquiring an additional 103 shares in the last quarter. Ceera Investments LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $267,000. Permanent Capital Management LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $25,956,000. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after purchasing an additional 33,861 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $174.33 on Friday. The stock has a 50 day simple moving average of $169.42 and a 200 day simple moving average of $176.34. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $188.16. The firm has a market capitalization of $71.44 billion, a PE ratio of 20.59 and a beta of 1.00.

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).