Total Investment Management Inc. Sells 64,872 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Total Investment Management Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.9% during the fourth quarter, HoldingsChannel reports. The fund owned 342,125 shares of the company’s stock after selling 64,872 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 8.4% of Total Investment Management Inc.’s investment portfolio, making the stock its 8th biggest holding. Total Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $59,951,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RSP. SJS Investment Consulting Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp grew its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the last quarter. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. GHP Investment Advisors Inc. grew its holdings 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 purchasing an additional 72 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

RSP opened at $181.08 on Monday. The firm has a market cap of $60.65 billion, a P/E ratio of 20.44 and a beta of 0.90. 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 fifty day simple moving average is $179.08 and its 200 day simple moving average is $177.93.

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).