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

Sfmg LLC reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,694 shares of the company’s stock after selling 202 shares during the period. Sfmg LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $425,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. TRUE Private Wealth Advisors boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.7% in the 4th quarter. TRUE Private Wealth Advisors now owns 301,705 shares of the company’s stock valued at $47,609,000 after buying an additional 38,702 shares during the period. Astor Investment Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 68.6% in the 4th quarter. Astor Investment Management LLC now owns 123,488 shares of the company’s stock valued at $19,486,000 after buying an additional 50,266 shares during the period. First Interstate Bank boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.0% in the 4th quarter. First Interstate Bank now owns 7,453 shares of the company’s stock valued at $1,176,000 after buying an additional 678 shares during the period. Tyche Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $623,000. Finally, Avior Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 207.3% in the 4th quarter. Avior Wealth Management LLC now owns 2,326 shares of the company’s stock valued at $367,000 after buying an additional 1,569 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $159.36 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80. The company has a 50-day simple moving average of $163.81 and a 200-day simple moving average of $154.08. The firm has a market capitalization of $54.11 billion, a PE ratio of 20.43 and a beta of 0.93.

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).