Newbridge Financial Services Group Inc. Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Newbridge Financial Services Group Inc. cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 51.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 446 shares of the company’s stock after selling 465 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $78,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after buying an additional 98,000 shares during the period. Citigroup Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 10.6% in the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after buying an additional 198,793 shares during the period. Finally, Lbmc Investment Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after buying an additional 4,262 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3 %

RSP stock opened at $180.73 on Tuesday. The company has a market cap of $60.53 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average price of $179.62 and a two-hundred day moving average price of $177.59. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.16 and a 12-month 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).