Virtue Capital Management LLC Sells 7,330 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Virtue Capital Management LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 154,239 shares of the company’s stock after selling 7,330 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 5.5% of Virtue Capital Management LLC’s holdings, making the stock its biggest position. Virtue Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,633,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cresta Advisors Ltd. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $381,000. Orion Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.8% in the third quarter. Orion Capital Management LLC now owns 26,243 shares of the company’s stock valued at $4,702,000 after buying an additional 1,198 shares in the last quarter. High Falls Advisors Inc grew its holdings in Invesco S&P 500 Equal Weight ETF by 31.8% during the third quarter. High Falls Advisors Inc now owns 1,781 shares of the company’s stock worth $319,000 after acquiring an additional 430 shares during the period. Raelipskie Partnership boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 12.2% during the 3rd quarter. Raelipskie Partnership now owns 77,212 shares of the company’s stock worth $13,833,000 after purchasing an additional 8,406 shares in the last quarter. Finally, Barclays PLC grew its position in Invesco S&P 500 Equal Weight ETF by 10.5% during the third quarter. Barclays PLC now owns 649,104 shares of the company’s stock worth $116,294,000 after buying an additional 61,928 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $183.30 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.68 and a fifty-two week high of $188.16. The stock’s fifty day moving average is $181.61 and its two-hundred day moving average is $173.51. The firm has a market capitalization of $61.39 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).