Delos Wealth Advisors LLC Cuts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Delos Wealth Advisors LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 409 shares of the company’s stock after selling 77 shares during the quarter. Delos Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $65,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in RSP. Xponance Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.0% in the 3rd quarter. Xponance Inc. now owns 3,131 shares of the company’s stock valued at $444,000 after acquiring an additional 148 shares during the last quarter. Ironwood Wealth Management LLC. increased its stake in Invesco S&P 500 Equal Weight ETF by 12.7% in the third quarter. Ironwood Wealth Management LLC. now owns 16,373 shares of the company’s stock valued at $2,320,000 after purchasing an additional 1,850 shares during the last quarter. Hills Bank & Trust Co acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $145,000. Fiduciary Planning LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 480.7% in the 3rd quarter. Fiduciary Planning LLC now owns 17,863 shares of the company’s stock valued at $2,531,000 after buying an additional 14,787 shares during the last quarter. Finally, First City Capital Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $208,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $1.38 during mid-day trading on Thursday, hitting $165.84. 3,410,822 shares of the stock were exchanged, compared to its average volume of 6,487,471. The stock’s fifty day simple moving average is $164.45 and its two-hundred day simple moving average is $156.45. 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 $55.55 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).