Private Advisory Group LLC Sells 4,270 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Private Advisory Group LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,989 shares of the company’s stock after selling 4,270 shares during the quarter. Private Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,105,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 107.0% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after purchasing an additional 137,493 shares during the period. CMG Global Holdings LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.6% in the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after purchasing an additional 4,262 shares in the last quarter. Sowell Financial Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 23.2% in the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares in the last quarter. Argent Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.8% in the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock worth $10,900,000 after buying an additional 3,135 shares during the last quarter. Finally, Roman Butler Fullerton & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 67.0% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock worth $2,046,000 after buying an additional 4,358 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $188.46 on Monday. The business has a 50 day moving average of $198.88 and a 200 day moving average of $193.51. The firm has a market cap of $78.15 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.