Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Andina Capital Management LLC

Andina Capital Management LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,980 shares of the company’s stock after selling 1,612 shares during the period. Andina Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,036,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Russell Investments Group Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 60.7% during the 4th quarter. Russell Investments Group Ltd. now owns 2,555 shares of the company’s stock worth $448,000 after purchasing an additional 965 shares during the period. Renaissance Technologies LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $4,626,000. Finally, Bernard Wealth Management Corp. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $251,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $185.82 on Tuesday. The company has a market cap of $73.66 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16. The firm has a fifty day moving average of $182.96 and a two-hundred day moving average of $176.72.

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).