Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by CHURCHILL MANAGEMENT Corp

CHURCHILL MANAGEMENT Corp reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,244 shares of the company’s stock after selling 5,223 shares during the period. CHURCHILL MANAGEMENT Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,139,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Partnership Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $25,000. Howe & Rusling Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $26,000. GAMMA Investing LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $38,000. SOA Wealth Advisors LLC. raised its stake in Invesco S&P 500 Equal Weight ETF by 51.5% in the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after buying an additional 103 shares in the last quarter. Finally, Missouri Trust & Investment Co raised its stake in Invesco S&P 500 Equal Weight ETF by 98.5% in the fourth quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock valued at $63,000 after buying an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $165.59 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80. The stock has a market cap of $55.46 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average is $164.23 and its two-hundred day moving average is $161.56.

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).