Lyell Wealth Management LP Has $3.29 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lyell Wealth Management LP lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 18,769 shares of the company’s stock after selling 707 shares during the quarter. Lyell Wealth Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of RSP. SJS Investment Consulting Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp raised its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the last quarter. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Richardson Financial Services Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

RSP stock opened at $182.47 on Wednesday. The company has a market cap of $61.12 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The business has a fifty day moving average of $179.01 and a 200-day moving average of $178.06.

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).