TCV Trust & Wealth Management Inc. Has $286,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TCV Trust & Wealth Management Inc. reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 41.9% during the fourth quarter, HoldingsChannel reports. The firm owned 1,631 shares of the company’s stock after selling 1,175 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $286,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the last quarter. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.0 %

Shares of RSP stock opened at $180.75 on Wednesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $156.16 and a twelve month high of $188.16. The stock’s fifty day simple moving average is $179.49 and its 200 day simple moving average is $177.69. The firm has a market capitalization of $60.54 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).