Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 95.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 15,086 shares of the company’s stock after selling 315,795 shares during the period. Baker Ellis Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,138,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Highland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $26,000. Brandywine Financial Group boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after acquiring an additional 121 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $29,000. Rogco LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $34,000. Finally, Hurley Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded down $1.21 on Wednesday, hitting $212.09. 8,420,719 shares of the stock traded hands, compared to its average volume of 11,987,259. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The stock has a market capitalization of $97.35 billion, a PE ratio of 20.10 and a beta of 0.92. The firm’s 50-day moving average price is $216.16 and its two-hundred day moving average price is $210.02.

Invesco S&P 500 Equal Weight ETF Company 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.