Cwm LLC lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 5.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 143,173 shares of the company’s stock after selling 7,856 shares during the period. Cwm LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,426,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the business. Diversified Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $6,389,000. Adelphi Trust Co bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $244,000. Roman Butler Fullerton & Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 25.1% during the fourth quarter. Roman Butler Fullerton & Co. now owns 13,591 shares of the company’s stock worth $2,713,000 after buying an additional 2,729 shares during the last quarter. Financial Guidance Group Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 13.2% during the fourth quarter. Financial Guidance Group Inc. now owns 35,947 shares of the company’s stock worth $6,886,000 after buying an additional 4,197 shares during the last quarter. Finally, Austin Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 7.5% during the fourth quarter. Austin Wealth Management LLC now owns 1,694 shares of the company’s stock worth $333,000 after buying an additional 118 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.5%
Shares of NYSEARCA RSP opened at $200.64 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $157.71 and a twelve month high of $205.24. The firm has a fifty day simple moving average of $197.99 and a 200 day simple moving average of $194.11. The company has a market capitalization of $87.89 billion, a PE ratio of 20.10 and a beta of 0.94.
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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
See Also
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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