Fiduciary Group LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Fiduciary Group LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,307 shares of the company’s stock after selling 1,703 shares during the period. Fiduciary Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Keene & Associates Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after purchasing an additional 56 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after purchasing an additional 56 shares during the period. Beaumont Financial Advisors LLC boosted its holdings in 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 purchasing an additional 58 shares during the period. Ingalls & Snyder LLC boosted its holdings in 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 period. Finally, Boston Standard Wealth Management LLC boosted its holdings in 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 period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $175.37 on Thursday. The company has a market capitalization of $73.06 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The business has a 50-day moving average of $178.67 and a two-hundred day moving average of $179.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16.

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).