Brookstone Capital Management Cuts Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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Brookstone Capital Management decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPGet Rating) by 1.0% during the first quarter, HoldingsChannel reports. The firm owned 16,103 shares of the company’s stock after selling 165 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,502,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Aspire Wealth Management Corp purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $27,000. Iron Horse Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $28,000. Missouri Trust & Investment Co purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $33,000. Retirement Planning Co of New England Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $34,000. Finally, Comprehensive Financial Consultants Institutional Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $37,000.

RSP stock opened at $132.62 on Thursday. The firm has a 50 day moving average of $145.66 and a 200 day moving average of $152.95. Invesco S&P 500 Equal Weight ETF has a 52 week low of $129.56 and a 52 week high of $164.90.

Invesco S&P 500 Equal Weight ETF Company Profile (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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