Gladstone Institutional Advisory LLC Has $14.80 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Gladstone Institutional Advisory LLC cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,455 shares of the company’s stock after selling 3,883 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,799,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. SJS Investment Consulting Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the last quarter. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. Richardson Financial Services Inc. increased its position in 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 worth $29,000 after buying an additional 83 shares during the last quarter. GHP Investment Advisors Inc. raised its stake in 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 during the period. Finally, Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $29,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

RSP opened at $180.75 on Wednesday. The stock’s fifty day simple moving average is $179.49 and its 200 day simple moving average is $177.69. Invesco S&P 500 Equal Weight ETF has a 1-year low of $156.16 and a 1-year high of $188.16. The stock has a market cap of $60.54 billion, a PE ratio of 20.44 and a beta of 0.90.

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).