Colton Groome Financial Advisors LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Colton Groome Financial Advisors LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 84.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,593 shares of the company’s stock after selling 13,587 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $409,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Xponance Inc. raised its stake 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 valued at $444,000 after purchasing an additional 148 shares in the last quarter. TFB Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 38.5% in the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock valued at $310,000 after purchasing an additional 546 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its stake in Invesco S&P 500 Equal Weight ETF by 161.7% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock valued at $2,195,000 after purchasing an additional 9,573 shares in the last quarter. Meridian Investment Counsel Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 2.4% in the third quarter. Meridian Investment Counsel Inc. now owns 18,072 shares of the company’s stock valued at $2,561,000 after purchasing an additional 429 shares in the last quarter. Finally, Well Done LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the fourth quarter. Well Done LLC now owns 44,525 shares of the company’s stock valued at $7,026,000 after purchasing an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded down $0.15 on Thursday, reaching $159.21. 6,682,916 shares of the company’s stock traded hands, compared to its average volume of 6,657,735. 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 simple moving average of $163.81 and a 200 day simple moving average of $154.08. The stock has a market cap of $54.06 billion, a PE ratio of 20.43 and a beta of 0.93.

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).