Johnson Bixby & Associates LLC Cuts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Johnson Bixby & Associates LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,088 shares of the company’s stock after selling 3,105 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.1% of Johnson Bixby & Associates LLC’s holdings, making the stock its 20th largest position. Johnson Bixby & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,540,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Raleigh Capital Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.2% in the 4th quarter. Raleigh Capital Management Inc. now owns 2,423 shares of the company’s stock worth $382,000 after purchasing an additional 1,071 shares during the period. Chicago Partners Investment Group LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% in the 4th quarter. Chicago Partners Investment Group LLC now owns 12,167 shares of the company’s stock worth $1,897,000 after acquiring an additional 103 shares during the last quarter. EP Wealth Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 19.7% in the 4th quarter. EP Wealth Advisors LLC now owns 34,407 shares of the company’s stock valued at $5,429,000 after acquiring an additional 5,663 shares during the period. Fortis Group Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Fortis Group Advisors LLC now owns 6,389 shares of the company’s stock worth $930,000 after purchasing an additional 226 shares during the period. Finally, Fisher Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 193.4% in the fourth quarter. Fisher Asset Management LLC now owns 9,980 shares of the company’s stock worth $1,575,000 after purchasing an additional 6,578 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock traded up $1.75 during mid-day trading on Friday, reaching $179.90. 4,033,865 shares of the company traded hands, compared to its average volume of 6,171,714. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $180.14. The company has a market capitalization of $60.26 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a fifty day moving average price of $173.79 and a 200-day moving average price of $168.38.

About Invesco S&P 500 Equal Weight ETF

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).