Live Oak Private Wealth LLC Has $589,000 Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Live Oak Private Wealth LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,361 shares of the company’s stock after selling 70 shares during the period. Live Oak Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $589,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of RSP. Lodestar Private Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 45.8% in the 4th quarter. Lodestar Private Asset Management LLC now owns 2,276 shares of the company’s stock valued at $399,000 after purchasing an additional 715 shares in the last quarter. Fairvoy Private Wealth LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $17,960,000. Spectrum Asset Management Inc. NB CA boosted its position in Invesco S&P 500 Equal Weight ETF by 20.6% in the fourth quarter. Spectrum Asset Management Inc. NB CA now owns 80,718 shares of the company’s stock valued at $14,144,000 after buying an additional 13,803 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares in the last quarter. Finally, Leo Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $2,088,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $181.11 on Friday. The stock’s 50 day simple moving average is $179.89 and its 200 day simple moving average is $177.36. Invesco S&P 500 Equal Weight ETF has a one year low of $156.16 and a one year high of $188.16. The firm has a market cap of $60.66 billion, a PE ratio of 20.44 and a beta of 0.90.

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).