Sugar Maple Asset Management LLC Has $260,000 Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sugar Maple Asset Management LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,482 shares of the company’s stock after selling 183 shares during the quarter. Sugar Maple Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $260,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Atwood & Palmer Inc. now owns 34,127 shares of the company’s stock worth $5,980,000 after purchasing an additional 119 shares during the period. Culbertson A N & Co. Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 126.7% during the fourth quarter. Culbertson A N & Co. Inc. now owns 3,971 shares of the company’s stock worth $696,000 after purchasing an additional 2,219 shares during the period. ZWJ Investment Counsel Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 6.0% during the fourth quarter. ZWJ Investment Counsel Inc. now owns 45,691 shares of the company’s stock worth $8,006,000 after purchasing an additional 2,573 shares during the period. Tudor Financial Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 14.5% during the fourth quarter. Tudor Financial Inc. now owns 11,718 shares of the company’s stock worth $2,053,000 after purchasing an additional 1,485 shares during the period. Finally, Koshinski Asset Management Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 2.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 40,404 shares of the company’s stock valued at $7,080,000 after buying an additional 1,119 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

NYSEARCA RSP opened at $180.04 on Tuesday. The firm has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90. The business has a fifty day simple moving average of $180.54 and a 200 day simple moving average of $176.12. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 and a 12 month high of $188.16.

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).