Oppenheimer & Co. Inc. Sells 13,796 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Oppenheimer & Co. Inc. lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 34,024 shares of the company’s stock after selling 13,796 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,518,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. GRIMES & Co WEALTH MANAGEMENT LLC increased its position in Invesco S&P 500 Equal Weight ETF by 107.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after buying an additional 137,493 shares during the period. Brookstone Capital Management increased its position in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares during the period. Argent Advisors Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 5.8% during the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock worth $10,900,000 after buying an additional 3,135 shares during the period. Roman Butler Fullerton & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 67.0% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock worth $2,046,000 after buying an additional 4,358 shares during the period. Finally, Caprock Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $4,966,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $202.82 on Friday. The stock has a market capitalization of $87.50 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The business’s fifty day moving average price is $197.91 and its two-hundred day moving average price is $195.03. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $169.48 and a fifty-two week high of $205.24.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.