Shepherd Financial Partners LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 186,634 shares of the company’s stock after selling 1,766 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 3.9% of Shepherd Financial Partners LLC’s investment portfolio, making the stock its 6th largest position. Shepherd Financial Partners LLC owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $32,704,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in RSP. Alpha Financial Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 42.3% in the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock valued at $905,000 after buying an additional 1,502 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 46.9% during the 3rd quarter. UMB Bank n.a. now owns 8,884 shares of the company’s stock valued at $1,592,000 after acquiring an additional 2,835 shares in the last quarter. Quotient Wealth Partners LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $258,000. Pinnacle Bancorp Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 4.3% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,968 shares of the company’s stock worth $353,000 after acquiring an additional 81 shares during the last quarter. Finally, Beaumont Financial Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 7.3% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 1,808 shares of the company’s stock worth $324,000 after purchasing an additional 123 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %
Invesco S&P 500 Equal Weight ETF stock opened at $180.22 on Friday. The company has a market capitalization of $60.36 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average price of $179.77 and a two-hundred day moving average price of $177.39. Invesco S&P 500 Equal Weight ETF has a 12 month low of $156.16 and a 12 month 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).
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