Sei Investments Co. Sells 5,966 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sei Investments Co. reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 937,944 shares of the company’s stock after selling 5,966 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.6% of Sei Investments Co.’s investment portfolio, making the stock its 11th biggest position. Sei Investments Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $162,487,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bridge Generations Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $29,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $30,000. OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $31,000. Mattson Financial Services LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $35,000. Finally, Olde Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $37,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 1.4%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $187.54 on Thursday. The company’s 50-day moving average price is $182.49 and its 200-day moving average price is $176.70. The company has a market cap of $74.34 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).