Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by RDA Financial Network

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RDA Financial Network lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPGet Rating) by 22.4% in the 1st quarter, Holdings Channel reports. The fund owned 22,931 shares of the company’s stock after selling 6,630 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.5% of RDA Financial Network’s holdings, making the stock its 12th biggest position. RDA Financial Network’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,616,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RSP. Willis Johnson & Associates Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.9% during the 4th quarter. Willis Johnson & Associates Inc. now owns 2,443 shares of the company’s stock worth $398,000 after purchasing an additional 69 shares during the last quarter. Hengehold Capital Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Hengehold Capital Management LLC now owns 2,869 shares of the company’s stock valued at $467,000 after purchasing an additional 69 shares during the period. Phocas Financial Corp. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.1% during the fourth quarter. Phocas Financial Corp. now owns 7,145 shares of the company’s stock valued at $1,163,000 after purchasing an additional 75 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 2,924 shares of the company’s stock valued at $476,000 after purchasing an additional 80 shares during the period. Finally, Wealthsource Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the third quarter. Wealthsource Partners LLC now owns 6,040 shares of the company’s stock valued at $905,000 after purchasing an additional 84 shares during the period.

Shares of NYSEARCA:RSP traded up $0.27 during midday trading on Wednesday, reaching $132.96. The company had a trading volume of 105,790 shares, compared to its average volume of 3,638,244. Invesco S&P 500 Equal Weight ETF has a one year low of $129.56 and a one year high of $164.90. The stock’s fifty day moving average price is $146.14 and its 200-day moving average price is $153.09.

About Invesco S&P 500 Equal Weight ETF (Get Rating)

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).

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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPGet Rating).

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