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

Janney Montgomery Scott LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 625,308 shares of the company’s stock after selling 23,418 shares during the quarter. Janney Montgomery Scott LLC owned 0.19% of Invesco S&P 500 Equal Weight ETF worth $109,573,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Lake Hills Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.8% during the 4th quarter. Lake Hills Wealth Management LLC now owns 28,196 shares of the company’s stock valued at $4,941,000 after buying an additional 1,789 shares during the period. Redmont Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Redmont Wealth Advisors LLC now owns 45,755 shares of the company’s stock valued at $8,018,000 after acquiring an additional 1,403 shares in the last quarter. Sharp Financial Services LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 41.3% in the fourth quarter. Sharp Financial Services LLC now owns 3,036 shares of the company’s stock worth $532,000 after acquiring an additional 887 shares during the last quarter. Kelleher Financial Advisors boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 185.1% during the fourth quarter. Kelleher Financial Advisors now owns 3,612 shares of the company’s stock valued at $633,000 after acquiring an additional 2,345 shares during the period. Finally, Marino Stram & Associates LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 6.0% during the 4th quarter. Marino Stram & Associates LLC now owns 25,154 shares of the company’s stock worth $4,408,000 after acquiring an additional 1,433 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

NYSEARCA:RSP opened at $181.49 on Thursday. The firm has a market cap of $60.79 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week high of $188.16. The business’s 50-day moving average price is $180.41 and its 200 day moving average price is $176.37.

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).