Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by MTM Investment Management LLC

MTM Investment Management LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,485 shares of the company’s stock after selling 348 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.9% of MTM Investment Management LLC’s investment portfolio, making the stock its 27th biggest position. MTM Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,408,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $28,000. GHP Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the last quarter. Richardson Financial Services Inc. grew its position in shares of 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 worth $29,000 after acquiring an additional 83 shares in the last quarter. Bristlecone Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $33,000. Finally, Riggs Asset Managment Co. Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd 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 last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $181.18 on Wednesday. The stock has a market capitalization of $60.68 billion, a PE ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average price is $179.05 and its 200 day moving average price is $171.59. Invesco S&P 500 Equal Weight ETF has a 12-month low of $144.83 and a 12-month high of $185.79.

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).