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

Ciovacco Capital Management LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,390 shares of the company’s stock after selling 843 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 3.2% of Ciovacco Capital Management LLC’s investment portfolio, making the stock its 8th biggest holding. Ciovacco Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,676,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds 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% in 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 shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $29,000. Finally, Hemington Wealth Management lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.0% in the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after buying an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $174.64 on Friday. The business has a 50 day simple moving average of $178.64 and a 200-day simple moving average of $179.04. The stock has a market capitalization of $72.76 billion, a P/E ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16.

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).