Conservest Capital Advisors Inc. Sells 2,519 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Conservest Capital Advisors Inc. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,132 shares of the company’s stock after selling 2,519 shares during the quarter. Conservest Capital Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $26,000. Nalls Sherbakoff Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Hurley Capital LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares in the last quarter. Basepoint Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $42,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4%

Shares of NYSEARCA RSP opened at $213.45 on Wednesday. The company has a market capitalization of $95.86 billion, a PE ratio of 20.10 and a beta of 0.91. The stock’s 50 day moving average price is $209.00 and its 200-day moving average price is $201.98. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.