MTC Wealth Management LLC cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 53,925 shares of the company’s stock after selling 1,140 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.5% of MTC Wealth Management LLC’s holdings, making the stock its 9th largest holding. MTC Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,449,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of RSP. SJS Investment Consulting Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the period. Van ECK Associates Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the period. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period. Finally, GHP Investment Advisors Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of RSP stock opened at $181.08 on Friday. The stock has a market capitalization of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The business has a 50-day moving average of $179.16 and a 200 day moving average of $177.80.
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).
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