Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Kirtland Hills Capital Management LLC

Kirtland Hills Capital Management LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,733 shares of the company’s stock after selling 2,322 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 8.2% of Kirtland Hills Capital Management LLC’s portfolio, making the stock its biggest position. Kirtland Hills Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,620,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. GAMMA Investing LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 21.9% in the first quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock valued at $474,000 after purchasing an additional 492 shares during the last quarter. Rhumbline Advisers increased its stake in Invesco S&P 500 Equal Weight ETF by 6.1% in the first quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after purchasing an additional 873 shares during the last quarter. Alliancebernstein L.P. increased its stake in Invesco S&P 500 Equal Weight ETF by 113.7% in the fourth quarter. Alliancebernstein L.P. now owns 30,224 shares of the company’s stock valued at $5,296,000 after purchasing an additional 16,084 shares during the last quarter. Farmers Trust Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 16.3% in the first quarter. Farmers Trust Co. now owns 9,516 shares of the company’s stock valued at $1,648,000 after purchasing an additional 1,332 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 171.1% in the first quarter. Blue Trust Inc. now owns 431 shares of the company’s stock valued at $75,000 after purchasing an additional 272 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $186.62 on Tuesday. The firm has a market capitalization of $74.91 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $188.16. The firm’s 50 day moving average is $180.68 and its two-hundred day moving average is $176.29.

Invesco S&P 500 Equal Weight ETF Profile

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).