Transcend Capital Advisors LLC Reduces Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Transcend Capital Advisors LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,695 shares of the company’s stock after selling 17,578 shares during the period. Transcend Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,904,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Strategic Financial Concepts LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after buying an additional 8,451,521 shares during the last quarter. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after acquiring an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares during the period. Citigroup Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.6% in the third 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 valued at $235,280,000 after purchasing an additional 4,262 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3 %

Shares of RSP stock opened at $182.38 on Friday. The firm has a market capitalization of $61.09 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average of $178.98 and a 200 day moving average of $178.23. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16.

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).