Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Decreased by Shapiro Capital Management LLC

Shapiro Capital Management LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 93.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,100 shares of the company’s stock after selling 28,500 shares during the quarter. Shapiro Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $345,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of RSP. VitalStone Financial LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $303,000. Optimum Investment Advisors grew its position in shares of Invesco S&P 500 Equal Weight ETF by 95.5% during the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after acquiring an additional 1,060 shares during the last quarter. Tran Capital Management L.P. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $434,000. Mitchell Sinkler & Starr PA acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $506,000. Finally, Commerce Bank boosted its stake in Invesco S&P 500 Equal Weight ETF by 25.4% during the 4th quarter. Commerce Bank now owns 2,387 shares of the company’s stock valued at $377,000 after purchasing an additional 483 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

NYSEARCA RSP opened at $177.65 on Tuesday. The company has a 50-day moving average price of $171.34 and a two-hundred day moving average price of $167.17. The stock has a market cap of $59.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $178.82.

Invesco S&P 500 Equal Weight ETF Company 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).