Sage Rhino Capital LLC Sells 1,979 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sage Rhino Capital LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,058 shares of the company’s stock after selling 1,979 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 3.9% of Sage Rhino Capital LLC’s portfolio, making the stock its largest holding. Sage Rhino Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,708,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in RSP. Keystone Wealth Services LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 34.6% in the 4th quarter. Keystone Wealth Services LLC now owns 7,737 shares of the company’s stock valued at $1,356,000 after purchasing an additional 1,989 shares during the last quarter. Grandfield & Dodd LLC increased its position in Invesco S&P 500 Equal Weight ETF by 23.0% in the 4th quarter. Grandfield & Dodd LLC now owns 4,280 shares of the company’s stock valued at $750,000 after acquiring an additional 800 shares during the period. SBI Securities Co. Ltd. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $96,000. Jones Financial Companies Lllp boosted its position in Invesco S&P 500 Equal Weight ETF by 93.6% during the 4th quarter. Jones Financial Companies Lllp now owns 110,290 shares of the company’s stock worth $19,326,000 after acquiring an additional 53,310 shares during the period. Finally, Modera Wealth Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 818.0% during the 4th quarter. Modera Wealth Management LLC now owns 51,240 shares of the company’s stock worth $8,979,000 after acquiring an additional 45,658 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $180.18 on Monday. The firm has a market capitalization of $74.90 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. The stock’s fifty day moving average is $179.15 and its 200-day moving average is $179.00. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one 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).