Austin Wealth Management LLC Decreases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Austin Wealth Management LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,626 shares of the company’s stock after selling 134 shares during the period. Austin Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $293,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. SJS Investment Consulting Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th 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 period. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $28,000. Van ECK Associates Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the period. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $29,000. Finally, Roxbury Financial LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $34,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $171.88 on Wednesday. The stock’s fifty day moving average price is $178.99 and its 200 day moving average price is $179.17. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The company has a market cap of $71.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

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).