Steel Grove Capital Advisors LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 42.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,137 shares of the company’s stock after selling 8,813 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,994,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. VitalStone Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $303,000. Optimum Investment Advisors grew its stake in Invesco S&P 500 Equal Weight ETF by 95.5% during the 1st quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after buying an additional 1,060 shares during the last quarter. Tran Capital Management L.P. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $434,000. Mitchell Sinkler & Starr PA bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $506,000. Finally, Commerce Bank boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.4% during the fourth quarter. Commerce Bank now owns 2,387 shares of the company’s stock valued at $377,000 after acquiring an additional 483 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Performance
Invesco S&P 500 Equal Weight ETF stock opened at $177.44 on Monday. The firm has a market capitalization of $59.43 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a 50-day simple moving average of $171.16 and a 200-day simple moving average of $167.09. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $178.82.
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).
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