Wedmont Private Capital Has $400,000 Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wedmont Private Capital lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,388 shares of the company’s stock after selling 348 shares during the quarter. Wedmont Private Capital’s holdings in Invesco S&P 500 Equal Weight ETF were worth $400,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. J.W. Cole Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 126.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock worth $6,384,000 after buying an additional 22,615 shares in the last quarter. TFB Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 38.5% in the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock worth $310,000 after purchasing an additional 546 shares during the period. Apexium Financial LP increased its position in shares of Invesco S&P 500 Equal Weight ETF by 111.6% in the fourth quarter. Apexium Financial LP now owns 14,908 shares of the company’s stock worth $2,353,000 after purchasing an additional 7,864 shares during the period. Roble Belko & Company Inc bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $263,000. Finally, Well Done LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the fourth quarter. Well Done LLC now owns 44,525 shares of the company’s stock worth $7,026,000 after purchasing an additional 197 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $165.59 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The stock has a market capitalization of $55.46 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average is $164.23 and its 200 day moving average is $161.48.

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).