Janney Montgomery Scott LLC Sells 38,302 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Janney Montgomery Scott LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 695,867 shares of the company’s stock after selling 38,302 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.17% of Invesco S&P 500 Equal Weight ETF worth $133,300,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $26,000. NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $28,000. IMA Advisory Services Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $33,000. Finally, Goodman Advisory Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $35,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 1.3%

NYSEARCA:RSP opened at $206.53 on Thursday. The stock has a market cap of $89.10 billion, a PE ratio of 20.10 and a beta of 0.91. The business’s 50-day simple moving average is $202.66 and its two-hundred day simple moving average is $198.48. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $210.95.

About Invesco S&P 500 Equal Weight ETF

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.