Rehmann Capital Advisory Group Sells 303 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Rehmann Capital Advisory Group cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,101 shares of the company’s stock after selling 303 shares during the period. Rehmann Capital Advisory Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $377,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. GHP Investment Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Truvestments Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $29,000. Richardson Financial Services Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the period. Finally, Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $33,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $182.80 on Friday. The company’s fifty day moving average is $181.82 and its two-hundred day moving average is $173.71. Invesco S&P 500 Equal Weight ETF has a 52-week low of $151.93 and a 52-week high of $188.16. The firm has a market capitalization of $61.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).