Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Ruggaard & Associates LLC

Ruggaard & Associates LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 47,050 shares of the company’s stock after selling 7,360 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.5% of Ruggaard & Associates LLC’s portfolio, making the stock its 10th biggest holding. Ruggaard & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,013,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $26,000. NBZ Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Aviso Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Hurley Capital LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the last quarter. Finally, Goodman Advisory Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $214.30. The stock has a market cap of $90.58 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a 50 day moving average price of $204.81 and a 200 day moving average price of $199.40.

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.