Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Holdings Lessened by DeDora Capital Inc.

DeDora Capital Inc. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,590 shares of the company’s stock after selling 289 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 2.9% of DeDora Capital Inc.’s portfolio, making the stock its 10th largest position. DeDora Capital Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of RSP. Horizon Kinetics Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 16.3% in the second quarter. Horizon Kinetics Asset Management LLC now owns 4,691 shares of the company’s stock worth $702,000 after purchasing an additional 657 shares during the period. Xponance Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.0% in the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after purchasing an additional 148 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in Invesco S&P 500 Equal Weight ETF by 161.7% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock worth $2,195,000 after purchasing an additional 9,573 shares during the last quarter. Meridian Investment Counsel Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the 3rd quarter. Meridian Investment Counsel Inc. now owns 18,072 shares of the company’s stock worth $2,561,000 after acquiring an additional 429 shares during the last quarter. Finally, Well Done LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 4th quarter. Well Done LLC now owns 44,525 shares of the company’s stock worth $7,026,000 after acquiring an additional 197 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded up $0.59 on Thursday, hitting $169.37. 3,722,654 shares of the stock traded hands, compared to its average volume of 6,427,495. The firm has a market cap of $47.88 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The firm has a 50 day simple moving average of $161.39 and a two-hundred day simple moving average of $151.94.

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).