Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Roth Financial Partners LLC

Roth Financial Partners LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 97,611 shares of the company’s stock after selling 1,024 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 6.8% of Roth Financial Partners LLC’s portfolio, making the stock its 5th largest holding. Roth Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,104,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. GHP Investment Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $29,000. Richardson Financial Services Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. Finally, Bristlecone Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $33,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $178.82 on Wednesday. The firm has a market capitalization of $59.89 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 $153.10 and a 52 week high of $188.16. The business’s fifty day moving average price is $180.80 and its two-hundred day moving average price is $175.79.

Invesco S&P 500 Equal Weight ETF Company 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).