GC Wealth Management RIA LLC Sells 1,148 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

GC Wealth Management RIA LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,977 shares of the company’s stock after selling 1,148 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.3% of GC Wealth Management RIA LLC’s holdings, making the stock its 18th biggest holding. GC Wealth Management RIA LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,180,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Strategic Financial Concepts LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. LPL Financial LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares during the period. Keybank National Association OH increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after purchasing an additional 94,658 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in 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 during the period. Finally, Citigroup Inc. increased its position in shares of 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 worth $373,069,000 after purchasing an additional 198,793 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $174.20 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The stock has a market capitalization of $72.41 billion, a P/E ratio of 21.37 and a beta of 1.07. The stock’s fifty day moving average is $179.06 and its 200 day moving average is $179.19.

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).