Veery Capital LLC Trims Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Veery Capital LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 66.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,682 shares of the company’s stock after selling 11,126 shares during the quarter. Veery Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,018,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $28,000. Richardson Financial Services Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares in the last quarter. GHP Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $180.94 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $144.35 and a 1 year high of $185.79. The company’s 50 day simple moving average is $178.67 and its 200 day simple moving average is $171.25. The company has a market capitalization of $60.60 billion, a price-to-earnings 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).