Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Cut by Triumph Capital Management

Triumph Capital Management decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,645 shares of the company’s stock after selling 2,796 shares during the period. Triumph Capital Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,364,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in RSP. Castle Rock Wealth Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock worth $926,000 after purchasing an additional 70 shares in the last quarter. Long Run Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the fourth quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after buying an additional 70 shares during the last quarter. Seelaus Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.7% during the 4th quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after acquiring an additional 72 shares in the last quarter. YHB Investment Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock valued at $351,000 after acquiring an additional 75 shares during the last quarter. Finally, Sfmg LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.7% during the 3rd quarter. Sfmg LLC now owns 2,896 shares of the company’s stock valued at $410,000 after acquiring an additional 76 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP traded down $0.47 during trading hours on Wednesday, hitting $160.73. 3,333,488 shares of the stock were exchanged, compared to its average volume of 6,499,797. The firm has a market capitalization of $54.57 billion, a P/E ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80. The company’s 50 day moving average is $164.21 and its 200 day moving average is $155.53.

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).