Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Wellington Shields & Co. LLC

Wellington Shields & Co. LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 59.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 206 shares of the company’s stock after selling 299 shares during the period. Wellington Shields & Co. LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $36,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beta Wealth Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after acquiring an additional 150 shares during the period. Ceera Investments LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $267,000. Sandy Cove Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $222,000. Permanent Capital Management LP purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $25,956,000. Finally, Strategic Financial Concepts LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after purchasing an additional 33,861 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $172.66 on Friday. The business’s fifty day moving average is $178.73 and its two-hundred day moving average is $179.07. The company has a market cap of $71.93 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one 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).