Advisors Preferred LLC Decreases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Advisors Preferred LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,104 shares of the company’s stock after selling 17,512 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.0% of Advisors Preferred LLC’s holdings, making the stock its 25th biggest holding. Advisors Preferred LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,959,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Beaumont Financial Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares during the last quarter. Boston Standard Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after purchasing an additional 61 shares in the last quarter. CPA Asset Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after purchasing an additional 62 shares in the last quarter. Inlet Private Wealth LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares in the last quarter. Finally, Abound Wealth Management raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after buying an additional 63 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $180.22 on Friday. The company has a market capitalization of $60.36 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16. The stock has a fifty day moving average of $179.77 and a two-hundred day moving average of $177.39.

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).