Lowe Brockenbrough & Co. Inc. Sells 1,749 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lowe Brockenbrough & Co. Inc. lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,157 shares of the company’s stock after selling 1,749 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.2% of Lowe Brockenbrough & Co. Inc.’s holdings, making the stock its 17th largest position. Lowe Brockenbrough & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,478,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of RSP. Thrivent Financial for Lutherans boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% during the third quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock worth $2,957,000 after purchasing an additional 197 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $577,000. Avior Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 383.7% in the 3rd quarter. Avior Wealth Management LLC now owns 4,208 shares of the company’s stock valued at $754,000 after acquiring an additional 3,338 shares in the last quarter. Commerce Bank increased its position in shares of Invesco S&P 500 Equal Weight ETF by 85.9% in the third quarter. Commerce Bank now owns 6,243 shares of the company’s stock valued at $1,118,000 after acquiring an additional 2,885 shares during the last quarter. Finally, Moors & Cabot Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 83.4% during the third quarter. Moors & Cabot Inc. now owns 6,319 shares of the company’s stock worth $1,132,000 after acquiring an additional 2,874 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $174.64 on Friday. The stock has a 50 day moving average price of $178.64 and a 200 day moving average price of $179.04. The stock has a market capitalization of $72.76 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16.

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).