Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,882 shares of the company’s stock after selling 611 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,244,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley increased its stake in Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares during the period. Chai Trust Co. LLC increased its position in Invesco S&P 500 Equal Weight ETF by 926.0% during the third quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after acquiring an additional 1,539,527 shares during the period. Ameriprise Financial Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 53.1% during the third quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after buying an additional 1,082,620 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $165,805,000. Finally, UBS Group AG increased its position in Invesco S&P 500 Equal Weight ETF by 17.4% in the 3rd quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after acquiring an additional 880,506 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP traded down $0.16 during midday trading on Wednesday, reaching $164.34. 910,581 shares of the stock were exchanged, compared to its average volume of 6,493,650. The business has a 50-day simple moving average of $164.35 and a two-hundred day simple moving average of $156.32. The company has a market capitalization of $55.04 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 $133.34 and a 12 month high of $169.80.

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).