Zhang Financial LLC Sells 804 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Zhang Financial LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 31.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,726 shares of the company’s stock after selling 804 shares during the quarter. Zhang Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $309,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Fairman Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $27,000. DHJJ Financial Advisors Ltd. increased its stake in Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after buying an additional 100 shares during the last quarter. Creekmur Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 90 shares during the period. Central Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $36,000. Finally, VitalStone Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 46.0% in the 3rd quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock worth $42,000 after purchasing an additional 74 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

NYSEARCA RSP opened at $180.43 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22. The firm has a market cap of $60.43 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50 day moving average is $174.47 and its 200-day moving average is $168.54.

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).