SimpliFi Inc. Has $10.10 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SimpliFi Inc. reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 57,637 shares of the company’s stock after selling 237 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 4.6% of SimpliFi Inc.’s holdings, making the stock its 10th biggest position. SimpliFi Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,100,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. SJS Investment Consulting Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Richardson Financial Services Inc. boosted its stake 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 period. GHP Investment Advisors Inc. boosted its stake 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 period. Finally, Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $181.24 on Friday. The business has a fifty day simple moving average of $180.36 and a 200 day simple moving average of $177.01. The company has a market capitalization of $60.70 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 $155.79 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).