Morton Capital Management LLC CA Sells 146 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Morton Capital Management LLC CA lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,097 shares of the company’s stock after selling 146 shares during the quarter. Morton Capital Management LLC CA’s holdings in Invesco S&P 500 Equal Weight ETF were worth $694,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Morgan Stanley raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after buying an additional 112,526 shares in the last quarter. UBS Group AG raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 4th quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after buying an additional 90,811 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $860,010,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $671,392,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock traded down $0.82 during trading hours on Tuesday, reaching $164.90. The company had a trading volume of 1,178,433 shares, compared to its average volume of 6,085,735. The company has a 50-day moving average price of $164.33 and a 200 day moving average price of $161.76. The firm has a market cap of $55.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.

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).