Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,707 shares of the company’s stock after selling 196 shares during the quarter. Townsquare Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,739,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. Richardson Financial Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000. Finally, DHJJ Financial Advisors Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $187.62 on Monday. The firm’s 50 day moving average is $180.69 and its 200-day moving average is $172.73. Invesco S&P 500 Equal Weight ETF has a 12-month low of $146.87 and a 12-month high of $188.16. The stock has a market capitalization of $62.84 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).