NovaPoint Capital LLC Sells 129 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

NovaPoint Capital LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,829 shares of the company’s stock after selling 129 shares during the period. NovaPoint Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,299,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. SJS Investment Consulting Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the period. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Richardson Financial Services Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Finally, Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $181.35 on Thursday. The firm has a 50-day moving average of $180.00 and a 200 day moving average of $177.34. The company has a market cap of $60.74 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $156.16 and a 1 year 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).