Great Diamond Partners LLC Lowers Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Great Diamond Partners LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,041 shares of the company’s stock after selling 281 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 1.4% of Great Diamond Partners LLC’s holdings, making the stock its 18th largest position. Great Diamond Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,264,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after buying an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares in the last quarter. Citigroup Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after purchasing an additional 198,793 shares during the period. Lbmc Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after purchasing an additional 4,262 shares during the period. Finally, HighTower Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,324,876 shares of the company’s stock worth $237,365,000 after buying an additional 29,620 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $181.24 on Friday. The business’s fifty day moving average price is $180.36 and its 200 day moving average price is $177.01. The firm has a market capitalization of $60.70 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $155.79 and a 1-year high of $188.16.

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).