REDW Wealth LLC Sells 13,800 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

REDW Wealth LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,729 shares of the company’s stock after selling 13,800 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.7% of REDW Wealth LLC’s portfolio, making the stock its 13th largest holding. REDW Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,859,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in RSP. Pettinga Financial Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $529,000. QRG Capital Management Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 7.3% in the third quarter. QRG Capital Management Inc. now owns 3,238 shares of the company’s stock worth $580,000 after purchasing an additional 219 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $871,000. Verdence Capital Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 20.0% in the 3rd quarter. Verdence Capital Advisors LLC now owns 7,090 shares of the company’s stock valued at $1,270,000 after purchasing an additional 1,182 shares during the last quarter. Finally, Assetmark Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 264.6% in the 3rd quarter. Assetmark Inc. now owns 2,089 shares of the company’s stock valued at $374,000 after acquiring an additional 1,516 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %

Shares of NYSEARCA RSP opened at $176.69 on Monday. The firm has a market cap of $73.45 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The business’s 50 day moving average price is $179.07 and its 200 day moving average price is $179.17.

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).