Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Reduced by Charles Carroll Financial Partners LLC

Charles Carroll Financial Partners LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 62.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,075 shares of the company’s stock after selling 13,575 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 1.4% of Charles Carroll Financial Partners LLC’s portfolio, making the stock its 23rd largest holding. Charles Carroll Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,274,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Xponance Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 5.0% in the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after acquiring an additional 148 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 33.3% in the third quarter. J.W. Cole Advisors Inc. now owns 17,840 shares of the company’s stock worth $2,528,000 after acquiring an additional 4,459 shares in the last quarter. Channel Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $220,000. NorthRock Partners LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $430,000. Finally, Bank of New York Mellon Corp grew its position in Invesco S&P 500 Equal Weight ETF by 70.7% in the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after acquiring an additional 1,545,894 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7 %

RSP stock traded up $1.15 during trading hours on Friday, hitting $162.79. The company’s stock had a trading volume of 9,751,402 shares, compared to its average volume of 6,600,866. The company has a market capitalization of $54.52 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The stock has a 50 day moving average price of $164.24 and a two-hundred day moving average price of $155.75.

Invesco S&P 500 Equal Weight ETF 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).