Trinity Wealth Management LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 10.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,378 shares of the company’s stock after selling 162 shares during the quarter. Trinity Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $239,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. Van ECK Associates Corp grew its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $28,000. Cambridge Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $28,000. Joseph Group Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. Finally, Bridge Generations Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $177.64 on Thursday. The stock has a market cap of $71.81 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. The firm’s 50-day moving average is $169.75 and its 200 day moving average is $175.97. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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