Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Muirfield Wealth Advisors LLC

Muirfield Wealth Advisors LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 77,993 shares of the company’s stock after selling 987 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 11.3% of Muirfield Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding. Muirfield Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,667,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. HFG Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $244,000. Financial Partners Group Inc bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $294,000. Panoramic Investment Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.0% in the 4th quarter. Panoramic Investment Advisors LLC now owns 3,748 shares of the company’s stock valued at $657,000 after purchasing an additional 311 shares during the last quarter. Catalina Capital Group LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.3% in the 4th quarter. Catalina Capital Group LLC now owns 21,598 shares of the company’s stock valued at $3,785,000 after purchasing an additional 2,542 shares during the period. Finally, Magnolia Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $350,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $181.24 on Monday. The firm has a 50-day moving average of $180.27 and a 200-day moving average of $177.18. The company has a market cap 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 one year low of $155.79 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).