Modus Advisors LLC Sells 145 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Modus Advisors LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,777 shares of the company’s stock after selling 145 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.9% of Modus Advisors LLC’s holdings, making the stock its 19th biggest position. Modus Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,693,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Fairman Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $27,000. DHJJ Financial Advisors Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the last quarter. Central Bank & Trust Co. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $36,000. Finally, Goodman Advisory Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $39,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP traded down $0.36 during trading hours on Thursday, hitting $178.46. 1,203,550 shares of the company were exchanged, compared to its average volume of 6,172,210. The company’s 50 day moving average price is $173.35 and its 200-day moving average price is $168.20. The stock has a market capitalization of $59.77 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 $179.94.

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).