Invesco S&P 500 Equal Weight ETF $RSP Position Cut by Seneca House Advisors

Seneca House Advisors decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 112,334 shares of the company’s stock after selling 20,262 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 8.1% of Seneca House Advisors’ portfolio, making the stock its largest position. Seneca House Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $21,519,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after acquiring an additional 6,481 shares during the period. Banta Asset Management LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $1,654,000. Allen Investment Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after acquiring an additional 35,220 shares during the period. Empirical Asset Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 417.0% during the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock worth $2,190,000 after acquiring an additional 9,311 shares during the period. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $777,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Invesco S&P 500 Equal Weight ETF stock opened at $212.17 on Wednesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $214.30. The stock’s fifty day simple moving average is $204.17 and its 200-day simple moving average is $199.14. The firm has a market capitalization of $91.53 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.