Market Street Wealth Management Advisors LLC Trims Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Market Street Wealth Management Advisors LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,028 shares of the company’s stock after selling 1,333 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 0.8% of Market Street Wealth Management Advisors LLC’s holdings, making the stock its 22nd biggest position. Market Street Wealth Management Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,736,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of RSP. Beaumont Financial Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares during the last quarter. CPA Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after buying an additional 62 shares during the period. Inlet Private Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after buying an additional 63 shares during the last quarter. Abound Wealth Management grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares during the last quarter. Finally, Avior Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 1.5% in the 4th quarter. Avior Wealth Management LLC now owns 4,272 shares of the company’s stock valued at $749,000 after acquiring an additional 64 shares during the period.

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

Invesco S&P 500 Equal Weight ETF stock opened at $181.49 on Thursday. The stock has a market capitalization of $60.79 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average of $180.36 and a two-hundred day moving average of $176.40. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16.

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).