Eldridge Investment Advisors Inc. Sells 831 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Eldridge Investment Advisors Inc. lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,683 shares of the company’s stock after selling 831 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.4% of Eldridge Investment Advisors Inc.’s holdings, making the stock its 21st biggest holding. Eldridge Investment Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,077,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SJS Investment Consulting Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the last quarter. FPC Investment Advisory Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $28,000. Van ECK Associates Corp boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $29,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $34,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.9 %

Shares of RSP stock opened at $172.66 on Friday. The business’s 50-day moving average price is $178.73 and its 200-day moving average price is $179.07. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm has a market capitalization of $71.93 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

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).