Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,859 shares of the company’s stock after selling 1,451 shares during the quarter. Cabot Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,737,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. SJS Investment Consulting Inc. grew its position 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 worth $25,000 after purchasing an additional 88 shares during the last quarter. FPC Investment Advisory Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Van ECK Associates Corp increased its position in Invesco S&P 500 Equal Weight ETF by 105.4% in 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 approximately $28,000. Finally, GHP Investment Advisors Inc. lifted its position 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 worth $29,000 after acquiring an additional 72 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 1.4 %

NYSEARCA:RSP opened at $179.82 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The stock’s 50 day simple moving average is $178.93 and its 200-day simple moving average is $178.44. The firm has a market cap of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).