BigSur Wealth Management LLC Sells 766 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

BigSur Wealth Management LLC cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 14,884 shares of the company’s stock after selling 766 shares during the period. BigSur Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in RSP. Keene & Associates Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after purchasing an additional 56 shares in the last quarter. Atlantic Union Bankshares Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after purchasing an additional 56 shares in the last quarter. Ingalls & Snyder LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after purchasing an additional 58 shares in the last quarter. D L Carlson Investment Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.3% during the 4th quarter. D L Carlson Investment Group Inc. now owns 4,771 shares of the company’s stock worth $836,000 after purchasing an additional 63 shares in the last quarter. Finally, Ironsides Asset Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the 4th quarter. Ironsides Asset Advisors LLC now owns 18,242 shares of the company’s stock worth $3,197,000 after purchasing an additional 64 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $177.35 on Friday. The stock’s 50-day simple moving average is $171.68 and its 200 day simple moving average is $175.71. The stock has a market capitalization of $71.69 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $188.16.

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).