Connable Office Inc. Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Connable Office Inc. cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 127,572 shares of the company’s stock after selling 5,246 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.3% of Connable Office Inc.’s portfolio, making the stock its 9th biggest holding. Connable Office Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,354,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in RSP. Keene & Associates Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 0.6% during the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after buying an additional 56 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares in the last quarter. Ingalls & Snyder LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after purchasing an additional 58 shares in the last quarter. Boston Standard Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after purchasing an additional 61 shares in the last quarter. Finally, Abound Wealth Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after acquiring an additional 63 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1 %

NYSEARCA:RSP opened at $180.18 on Friday. The firm has a 50 day moving average of $179.15 and a 200-day moving average of $178.84. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The stock has a market capitalization of $74.90 billion, a P/E ratio of 21.37 and a beta of 1.07.

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).