Professional Financial Advisors LLC Sells 211 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Professional Financial Advisors LLC cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 4.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,245 shares of the company’s stock after selling 211 shares during the quarter. Professional Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $744,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Dale Q Rice Investment Management Ltd bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $1,603,000. Unique Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $205,000. Pinnacle Wealth Management Group Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Pinnacle Wealth Management Group Inc. now owns 30,092 shares of the company’s stock worth $5,273,000 after acquiring an additional 1,097 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.0% in the 4th quarter. AdvisorNet Financial Inc now owns 10,741 shares of the company’s stock valued at $1,882,000 after purchasing an additional 1,061 shares during the period. Finally, Tsfg LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 25.4% in the fourth quarter. Tsfg LLC now owns 15,346 shares of the company’s stock valued at $2,689,000 after buying an additional 3,112 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

NYSEARCA:RSP opened at $174.67 on Tuesday. The firm has a fifty day simple moving average of $180.85 and a two-hundred day simple moving average of $175.71. The stock has a market capitalization of $58.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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