Benjamin F. Edwards & Company Inc. Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Benjamin F. Edwards & Company Inc. lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,306 shares of the company’s stock after selling 2,992 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,465,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Howe & Rusling Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. GAMMA Investing LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $38,000. Core Wealth Advisors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $38,000. SOA Wealth Advisors LLC. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after acquiring an additional 103 shares during the last quarter. Finally, CVA Family Office LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $76,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $1.15 on Friday, hitting $162.79. 9,745,349 shares of the company’s stock were exchanged, compared to its average volume of 6,600,866. The company has a 50-day simple moving average of $164.23 and a 200-day simple moving average of $155.61. The stock has a market capitalization of $54.52 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80.

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).