Great Valley Advisor Group Inc. Decreases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Great Valley Advisor Group Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 86.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 21,788 shares of the company’s stock after selling 142,662 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,438,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley lifted its stake in Invesco S&P 500 Equal Weight ETF by 12.8% during the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares in the last quarter. Bank of New York Mellon Corp grew its position in Invesco S&P 500 Equal Weight ETF by 70.7% in the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after acquiring an additional 1,545,894 shares in the last quarter. Chai Trust Co. LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 926.0% in the third quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after buying an additional 1,539,527 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 53.1% in the third quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock valued at $449,410,000 after acquiring an additional 1,082,620 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $165,805,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

Shares of RSP traded up $0.20 during trading hours on Thursday, hitting $160.85. 234,522 shares of the stock traded hands, compared to its average volume of 6,497,704. The business has a fifty day moving average of $164.23 and a 200-day moving average of $155.57. The firm has a market capitalization of $53.88 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80.

Invesco S&P 500 Equal Weight ETF Company 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).