ZWJ Investment Counsel Inc. Trims Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

ZWJ Investment Counsel Inc. decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 35,225 shares of the company’s stock after selling 2,032 shares during the period. ZWJ Investment Counsel Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,559,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ironwood Wealth Management LLC. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 59.6% in the 1st quarter. Ironwood Wealth Management LLC. now owns 8,585 shares of the company’s stock worth $1,354,000 after buying an additional 3,207 shares during the last quarter. BlackRock Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 1st quarter. BlackRock Inc. now owns 170,508 shares of the company’s stock worth $26,891,000 after buying an additional 663 shares during the last quarter. Vontobel Holding Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.7% in the 1st quarter. Vontobel Holding Ltd. now owns 11,000 shares of the company’s stock worth $1,735,000 after buying an additional 2,250 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the 1st quarter. Baird Financial Group Inc. now owns 333,958 shares of the company’s stock worth $52,669,000 after buying an additional 105,955 shares during the last quarter. Finally, Mather Group LLC. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 89.8% in the 1st quarter. Mather Group LLC. now owns 2,604 shares of the company’s stock worth $411,000 after buying an additional 1,232 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4 %

RSP traded up $0.59 during trading on Friday, hitting $159.80. 8,816,101 shares of the company’s stock traded hands, compared to its average volume of 6,686,133. The company’s 50 day simple moving average is $163.83 and its two-hundred day simple moving average is $154.25. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The stock has a market capitalization of $54.26 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93.

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).