Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Breakwater Capital Group

Breakwater Capital Group cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,757 shares of the company’s stock after selling 75 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 3.1% of Breakwater Capital Group’s holdings, making the stock its 4th biggest holding. Breakwater Capital Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,728,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. 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 during the period. GHP Investment Advisors Inc. raised its position 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 acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $29,000. Finally, Riggs Asset Managment Co. Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after acquiring an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $174.67 on Tuesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The company has a 50 day simple moving average of $180.85 and a two-hundred day simple moving average of $175.71. The company has a market capitalization of $58.50 billion, a PE ratio of 20.44 and a beta of 0.90.

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).