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

Colton Groome Financial Advisors LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 84.0% in the 4th quarter, Holdings Channel reports. The firm owned 2,593 shares of the company’s stock after selling 13,587 shares during the period. 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 reporting period.

Other large investors have also recently made changes to their positions in the company. Xponance Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 5.0% during the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after purchasing an additional 148 shares in the last quarter. TFB Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 38.5% in the 4th quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock valued at $310,000 after buying an additional 546 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in Invesco S&P 500 Equal Weight ETF by 161.7% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock valued at $2,195,000 after buying an additional 9,573 shares in the last quarter. Meridian Investment Counsel Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.4% in the 3rd quarter. Meridian Investment Counsel Inc. now owns 18,072 shares of the company’s stock valued at $2,561,000 after buying an additional 429 shares in the last quarter. Finally, Well Done LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 4th quarter. Well Done LLC now owns 44,525 shares of the company’s stock valued at $7,026,000 after buying an additional 197 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

NYSEARCA:RSP traded down $0.15 during trading hours on Thursday, hitting $159.21. The company had a trading volume of 6,682,916 shares, compared to its average volume of 6,657,735. The company has a 50-day moving average of $163.81 and a 200 day moving average of $154.08. The company has a market cap of $54.06 billion, a P/E ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80.

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).