Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Advisor Resource Council

Advisor Resource Council cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,515 shares of the company’s stock after selling 53,433 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.2% of Advisor Resource Council’s holdings, making the stock its 11th biggest position. Advisor Resource Council’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,638,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of RSP. Tidemark LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 31.4% in the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares during the period. Ceera Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $267,000. Permanent Capital Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $25,956,000. Smartleaf Asset Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 50.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 549 shares of the company’s stock valued at $96,000 after acquiring an additional 184 shares during the period. Finally, Van ECK Associates Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0%

Invesco S&P 500 Equal Weight ETF stock opened at $177.36 on Friday. The stock has a 50 day moving average of $173.04 and a two-hundred day moving average of $175.45. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16. The stock has a market capitalization of $71.69 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99.

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).