Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Oxbow Advisors LLC

Oxbow Advisors LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,209 shares of the company’s stock after selling 4,980 shares during the quarter. Oxbow Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,495,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $26,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $29,000. Hurley Capital LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares during the period. Goodman Advisory Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $35,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $40,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $214.91 on Friday. The firm has a market cap of $93.84 billion, a PE ratio of 20.10 and a beta of 0.91. The firm’s 50 day moving average price is $207.33 and its 200-day moving average price is $200.89. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $215.61.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.