MJP Associates Inc. ADV Sells 3,401 Shares of Invesco S&P 500 Equal Weight ETF $RSP

MJP Associates Inc. ADV lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 24.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,269 shares of the company’s stock after selling 3,401 shares during the quarter. MJP Associates Inc. ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,967,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of RSP. NBZ Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $33,000. Finally, Cloud Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1%

Shares of NYSEARCA RSP opened at $203.83 on Thursday. The firm has a market capitalization of $87.93 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1 year low of $173.00 and a 1 year high of $205.53. The firm’s 50-day moving average is $198.11 and its 200-day moving average is $196.24.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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