Telos Capital Management Inc. Lowers Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Telos Capital Management Inc. trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 16,748 shares of the company’s stock after selling 113 shares during the period. Telos Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,643,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 484.5% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 29,518 shares of the company’s stock worth $4,661,000 after buying an additional 24,468 shares in the last quarter. Guidance Capital Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 22.6% in the fourth quarter. Guidance Capital Inc. now owns 16,284 shares of the company’s stock worth $2,571,000 after buying an additional 2,997 shares in the last quarter. TRUE Private Wealth Advisors lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 14.7% in the fourth quarter. TRUE Private Wealth Advisors now owns 301,705 shares of the company’s stock worth $47,609,000 after buying an additional 38,702 shares in the last quarter. Astor Investment Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 68.6% in the fourth quarter. Astor Investment Management LLC now owns 123,488 shares of the company’s stock worth $19,486,000 after buying an additional 50,266 shares in the last quarter. Finally, First Interstate Bank lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 10.0% in the fourth quarter. First Interstate Bank now owns 7,453 shares of the company’s stock worth $1,176,000 after buying an additional 678 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

Shares of NYSEARCA:RSP traded up $0.08 during mid-day trading on Wednesday, reaching $159.77. The stock had a trading volume of 5,617,069 shares, compared to its average volume of 6,621,951. The company has a market cap of $54.25 billion, a P/E ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80. The business’s 50 day moving average price is $163.79 and its 200 day moving average price is $154.04.

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).