Advisor OS LLC Cuts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Advisor OS LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,585 shares of the company’s stock after selling 52,775 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.1% of Advisor OS LLC’s holdings, making the stock its 11th biggest holding. Advisor OS LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,801,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Keene & Associates Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after acquiring an additional 56 shares during the period. Beaumont Financial Advisors LLC lifted its position 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 last quarter. Ingalls & Snyder LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during 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. Boston Standard Wealth Management LLC grew its holdings in shares of 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 worth $300,000 after purchasing an additional 61 shares during the last quarter. Finally, Abound Wealth Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

NYSEARCA:RSP opened at $180.15 on Wednesday. The firm has a market capitalization of $60.34 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The company has a fifty day moving average of $178.90 and a 200 day moving average of $178.74.

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).