CWA Asset Management Group LLC Sells 814 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CWA Asset Management Group LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,046 shares of the company’s stock after selling 814 shares during the quarter. CWA Asset Management Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $709,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Legacy Wealth Management LLC MS lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.4% during the 4th quarter. Legacy Wealth Management LLC MS now owns 5,426 shares of the company’s stock worth $951,000 after purchasing an additional 280 shares during the last quarter. First City Capital Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. First City Capital Management Inc. now owns 3,821 shares of the company’s stock valued at $670,000 after buying an additional 200 shares during the last quarter. Modus Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Modus Advisors LLC now owns 32,860 shares of the company’s stock valued at $5,758,000 after buying an additional 1,083 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 49.6% in the 4th quarter. GAMMA Investing LLC now owns 2,245 shares of the company’s stock worth $393,000 after buying an additional 744 shares during the last quarter. Finally, Kopp Family Office LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $3,225,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3 %

Shares of RSP opened at $175.61 on Wednesday. The company has a 50 day moving average of $181.01 and a two-hundred day moving average of $175.42. The company has a market cap of $58.82 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16.

Invesco S&P 500 Equal Weight ETF Company 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).