Atria Investments Inc Has $9.94 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Atria Investments Inc trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 55,479 shares of the company’s stock after selling 38,162 shares during the period. Atria Investments Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,940,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. Richardson Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. increased its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares during the last quarter. Finally, Creekmur Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after buying an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $184.10 on Monday. The company has a fifty day moving average price of $177.68 and a two-hundred day moving average price of $170.52. Invesco S&P 500 Equal Weight ETF has a one year low of $139.03 and a one year high of $184.47. The stock has a market cap of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).