Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Verity Asset Management Inc.’s 7th Largest Position

Verity Asset Management Inc. decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,635 shares of the company’s stock after selling 1,018 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 2.0% of Verity Asset Management Inc.’s investment portfolio, making the stock its 7th largest position. Verity Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,791,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RSP. Dupree Financial Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 183.1% during the 4th quarter. Dupree Financial Group LLC now owns 23,268 shares of the company’s stock worth $4,077,000 after acquiring an additional 15,049 shares during the last quarter. Archer Investment Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $3,733,000. E&G Advisors LP lifted its position in Invesco S&P 500 Equal Weight ETF by 0.9% during the fourth quarter. E&G Advisors LP now owns 43,577 shares of the company’s stock valued at $7,636,000 after purchasing an additional 400 shares in the last quarter. Financial Life Planners bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $224,000. Finally, HFG Advisors Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $244,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

Shares of NYSEARCA:RSP opened at $180.25 on Tuesday. The stock 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 $60.37 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.13 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).