Longview Financial Advisors Inc. Sells 631 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Longview Financial Advisors Inc. cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,462 shares of the company’s stock after selling 631 shares during the period. Longview Financial Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Alpha Financial Partners LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 42.3% during the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after acquiring an additional 1,502 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $163,000. Blue Trust Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares during the last quarter. Cyndeo Wealth Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 52.5% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 2,104 shares of the company’s stock valued at $377,000 after purchasing an additional 724 shares during the period. Finally, OLD National Bancorp IN boosted its stake in Invesco S&P 500 Equal Weight ETF by 43.6% in the 3rd quarter. OLD National Bancorp IN now owns 8,955 shares of the company’s stock valued at $1,604,000 after purchasing an additional 2,720 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $182.47 on Wednesday. The stock has a fifty day moving average of $179.01 and a 200-day moving average of $178.06. The company has a market capitalization of $61.12 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week 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).