Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Monument Capital Management

Monument Capital Management reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% in the 1st quarter, HoldingsChannel reports. The fund owned 14,541 shares of the company’s stock after selling 211 shares during the quarter. Monument Capital Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,463,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Castle Rock Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the fourth quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock worth $926,000 after purchasing an additional 70 shares during the last quarter. Long Run Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after buying an additional 70 shares during the last quarter. SignalPoint Asset Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the first quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock worth $293,000 after buying an additional 70 shares during the period. Seelaus Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.7% in the fourth quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock valued at $1,674,000 after buying an additional 72 shares during the last quarter. Finally, YHB Investment Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.5% in the fourth quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock valued at $351,000 after buying an additional 75 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded up $0.05 during mid-day trading on Wednesday, reaching $163.73. 1,463,209 shares of the company’s stock were exchanged, compared to its average volume of 6,013,433. The business’s fifty day simple moving average is $164.77 and its 200-day simple moving average is $162.18. The stock has a market capitalization of $54.84 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week 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).