Bfsg LLC Sells 69 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bfsg LLC reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,952 shares of the company’s stock after selling 69 shares during the period. Bfsg LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $342,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Beta Wealth Group Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after buying an additional 150 shares during the period. Sandy Cove Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $222,000. Strategic Financial Concepts LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after buying an additional 33,861 shares during the period. Telos Capital Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.9% during the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock valued at $3,053,000 after buying an additional 808 shares during the period. Finally, Blue Trust Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third 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.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

RSP stock opened at $182.47 on Wednesday. The company’s 50 day moving average is $179.01 and its 200 day moving average is $178.06. The stock has a market cap of $61.12 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year 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).