Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 51.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 446 shares of the company’s stock after selling 465 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $78,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after acquiring an additional 8,451,521 shares in the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after purchasing an additional 98,000 shares in the last quarter. Citigroup Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after purchasing an additional 198,793 shares during the last quarter. Finally, Lbmc Investment Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after purchasing an additional 4,262 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3 %

Invesco S&P 500 Equal Weight ETF stock opened at $180.73 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $156.16 and a 52 week high of $188.16. The stock has a market cap of $60.53 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average of $179.62 and a 200-day moving average of $177.59.

About Invesco S&P 500 Equal Weight ETF

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).