Nicholson Wealth Management Group LLC Sells 99 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Nicholson Wealth Management Group LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,318 shares of the company’s stock after selling 99 shares during the period. Nicholson Wealth Management Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Alpha Financial Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 42.3% in the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock valued at $905,000 after acquiring an additional 1,502 shares during the last quarter. Blue Trust Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares during the last quarter. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. BLB&B Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $204,000. Finally, Monte Financial Group LLC raised its position in Invesco S&P 500 Equal Weight ETF by 2.6% in the 3rd quarter. Monte Financial Group LLC now owns 5,405 shares of the company’s stock worth $968,000 after purchasing an additional 136 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $182.38 on Friday. The company has a 50 day moving average price of $178.99 and a 200 day moving average price of $178.20. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The stock has a market capitalization of $61.09 billion, a PE ratio of 20.44 and a beta of 0.90.

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).