Hi Line Capital Management LLC Trims Position in Invesco S&P 500 Equal Weight ETF $RSP

Hi Line Capital Management LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 9.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,230 shares of the company’s stock after selling 6,443 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 4.0% of Hi Line Capital Management LLC’s portfolio, making the stock its 3rd biggest position. Hi Line Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $26,000. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. IMA Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $33,000. Finally, Cloud Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $35,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $203.83 on Thursday. 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 has a 1 year low of $173.00 and a 1 year high of $205.53. The company has a market cap of $87.93 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.

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

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