TCV Trust & Wealth Management Inc. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 41.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,631 shares of the company’s stock after selling 1,175 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $286,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in RSP. Alpha Financial Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 42.3% in the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after purchasing an additional 1,502 shares during the period. Ritholtz Wealth Management grew its stake in Invesco S&P 500 Equal Weight ETF by 41.6% during the third quarter. Ritholtz Wealth Management now owns 3,162 shares of the company’s stock worth $566,000 after buying an additional 929 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $163,000. VitalStone Financial LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 46.0% in the 3rd quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock valued at $42,000 after buying an additional 74 shares in the last quarter. Finally, Procyon Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 50.0% during the 3rd quarter. Procyon Advisors LLC now owns 6,254 shares of the company’s stock worth $1,120,000 after acquiring an additional 2,085 shares during the period.
Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %
NYSEARCA RSP opened at $180.75 on Wednesday. The firm’s 50 day simple moving average is $179.49 and its 200 day simple moving average is $177.69. The firm has a market capitalization of $60.54 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $156.16 and a 1 year high of $188.16.
Invesco S&P 500 Equal Weight ETF Company 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).
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