Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Seneca House Advisors

Seneca House Advisors reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,477 shares of the company’s stock after selling 5,857 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 8.1% of Seneca House Advisors’ investment portfolio, making the stock its biggest holding. Seneca House Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $20,435,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $26,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $29,000. Hurley Capital LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the period. Basepoint Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $40,000. Finally, Raleigh Capital Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

RSP stock traded up $0.80 during trading hours on Friday, hitting $214.30. 5,539,473 shares of the stock traded hands, compared to its average volume of 14,463,745. The stock has a 50-day simple moving average of $208.58 and a 200 day simple moving average of $201.64. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $216.37. The company has a market cap of $96.73 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.