Rothschild Capital Partners LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

by · The Cerbat Gem

Rothschild Capital Partners LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 44.5% in the 4th quarter, Holdings Channel reports. The firm owned 19,959 shares of the company’s stock after selling 16,003 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.8% of Rothschild Capital Partners LLC’s holdings, making the stock its 26th biggest position. Rothschild Capital Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,497,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $28,000. Cambridge Financial Group Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $28,000. Finally, Joseph Group Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Up 1.7 %

Shares of NYSEARCA:RSP opened at $167.69 on Friday. The firm’s 50 day moving average price is $170.82 and its 200-day moving average price is $177.13. The stock has a market capitalization of $69.75 billion, a PE ratio of 19.70 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).

See Also

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).