Capital Asset Advisory Services LLC Sells 169 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Capital Asset Advisory Services LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,537 shares of the company’s stock after selling 169 shares during the period. Capital Asset Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $447,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in RSP. SJS Investment Consulting Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the period. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $28,000. Richardson Financial Services Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period. GHP Investment Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the period. Finally, Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $182.31 on Tuesday. The company’s 50 day simple moving average is $180.39 and its two-hundred day simple moving average is $176.74. Invesco S&P 500 Equal Weight ETF has a 1 year low of $155.79 and a 1 year high of $188.16. The stock has a market capitalization of $61.06 billion, a PE ratio of 20.44 and a beta of 0.90.

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).