Forvis Mazars Wealth Advisors LLC Sells 17,223 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Forvis Mazars Wealth Advisors LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 114,110 shares of the company’s stock after selling 17,223 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,996,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. LPL Financial LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares in the last quarter. Citigroup Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 10.6% in the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after acquiring an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.3% in the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after acquiring an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $179.82 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The stock has a market cap of $60.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm’s 50-day simple moving average is $178.93 and its 200 day simple moving average is $178.44.

About Invesco S&P 500 Equal Weight ETF

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).