Wakefield Asset Management LLLP Sells 1,776 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wakefield Asset Management LLLP lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 24,613 shares of the company’s stock after selling 1,776 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.4% of Wakefield Asset Management LLLP’s investment portfolio, making the stock its 10th largest holding. Wakefield Asset Management LLLP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,043,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $1,051,000. Charles Schwab Investment Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $4,965,000. Kovitz Investment Group Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 45.1% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 8,036 shares of the company’s stock valued at $1,268,000 after purchasing an additional 2,496 shares in the last quarter. Calton & Associates Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $273,000. Finally, Thompson Siegel & Walmsley LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $141,000.

Invesco S&P 500 Equal Weight ETF Trading Down 1.1 %

Shares of NYSEARCA:RSP opened at $170.45 on Friday. The firm’s 50 day moving average is $169.09 and its two-hundred day moving average is $166.14. The firm has a market capitalization of $57.09 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 $133.34 and a 52 week high of $175.96.

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).