Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,613 shares of the company’s stock after selling 1,776 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.4% of Wakefield Asset Management LLLP’s portfolio, making the stock its 10th biggest holding. Wakefield Asset Management LLLP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,043,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Apexium Financial LP raised its holdings in Invesco S&P 500 Equal Weight ETF by 111.6% in the 4th quarter. Apexium Financial LP now owns 14,908 shares of the company’s stock valued at $2,353,000 after acquiring an additional 7,864 shares during the last quarter. VitalStone Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $303,000. Davis R M Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 2.8% during the fourth quarter. Davis R M Inc. now owns 13,334 shares of the company’s stock worth $2,104,000 after buying an additional 364 shares during the period. Optimum Investment Advisors boosted its stake in Invesco S&P 500 Equal Weight ETF by 95.5% in the 1st quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after buying an additional 1,060 shares during the last quarter. Finally, Tran Capital Management L.P. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $434,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $170.45 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $175.96. The company has a 50-day moving average of $169.09 and a 200-day moving average of $166.14. The company has a market cap of $57.09 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).