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

Oxbow Advisors LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,666 shares of the company’s stock after selling 732 shares during the quarter. Oxbow Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,374,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. SJS Investment Consulting Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during 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 in the last quarter. Van ECK Associates Corp grew its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares in the last quarter. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the last quarter. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $179.82 on Friday. The business has a 50 day moving average price of $178.98 and a 200 day moving average price of $178.23. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The firm has a market cap of $60.23 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).