Curbstone Financial Management Corp Lowers Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Curbstone Financial Management Corp trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,755 shares of the company’s stock after selling 828 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.4% of Curbstone Financial Management Corp’s investment portfolio, making the stock its 17th biggest holding. Curbstone Financial Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,714,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in RSP. Van ECK Associates Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in 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 during the last quarter. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $28,000. Cambridge Financial Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $28,000. Joseph Group Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $29,000. Finally, Bridge Generations Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $179.61 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16. The firm has a market cap of $72.60 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. The firm’s fifty day moving average is $170.28 and its two-hundred day moving average is $175.81.

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).