Professional Financial Advisors LLC Sells 211 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Professional Financial Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,245 shares of the company’s stock after selling 211 shares during the period. Professional Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $744,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. Richardson Financial Services Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the period. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000. Finally, Riggs Asset Managment Co. Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after acquiring an additional 110 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $174.67 on Tuesday. The company’s 50 day simple moving average is $180.85 and its two-hundred day simple moving average is $175.71. The stock has a market capitalization of $58.50 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16.

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).