Oak Root LLC Sells 2,240 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Oak Root LLC trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,830 shares of the company’s stock after selling 2,240 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 0.3% of Oak Root LLC’s holdings, making the stock its 13th largest position. Oak Root LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,599,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Beaumont Financial Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after buying an additional 58 shares in the last quarter. Ingalls & Snyder LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after purchasing an additional 58 shares during the last quarter. Boston Standard Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after purchasing an additional 61 shares during the last quarter. CPA Asset Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after purchasing an additional 62 shares during the last quarter. Finally, Abound Wealth Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after purchasing an additional 63 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $181.08 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company has a 50-day simple moving average of $179.16 and a 200 day simple moving average of $177.80. The company has a market capitalization of $60.65 billion, a PE 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).