Weaver Consulting Group Sells 91 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Weaver Consulting Group lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.7% in the fourth quarter, HoldingsChannel reports. The fund owned 3,305 shares of the company’s stock after selling 91 shares during the period. Weaver Consulting Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $579,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of RSP. McAlister Sweet & Associates Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 74.9% during the fourth quarter. McAlister Sweet & Associates Inc. now owns 56,559 shares of the company’s stock worth $9,911,000 after acquiring an additional 24,227 shares during the period. Strathmore Capital Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $250,000. Bank of New Hampshire increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.0% during the fourth quarter. Bank of New Hampshire now owns 2,100 shares of the company’s stock worth $368,000 after purchasing an additional 81 shares during the period. Bangor Savings Bank raised its position in shares of Invesco S&P 500 Equal Weight ETF by 31.1% in the fourth quarter. Bangor Savings Bank now owns 10,245 shares of the company’s stock valued at $1,795,000 after buying an additional 2,431 shares in the last quarter. Finally, Advance Capital Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.3% in the fourth quarter. Advance Capital Management Inc. now owns 7,910 shares of the company’s stock valued at $1,386,000 after buying an additional 536 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $175.61 on Wednesday. The firm has a market cap of $58.82 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average price is $181.01 and its two-hundred day moving average price is $175.42. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one 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).