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

Muirfield Wealth Advisors LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,993 shares of the company’s stock after selling 987 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 11.3% of Muirfield Wealth Advisors LLC’s holdings, making the stock its largest holding. Muirfield Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,667,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in RSP. SJS Investment Consulting Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. GHP Investment Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $29,000. Finally, Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $181.24 on Monday. The stock has a market capitalization of $60.70 billion, a price-to-earnings 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 stock has a fifty day moving average of $180.27 and a 200-day moving average of $177.18.

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).