Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Decreased by LWM Advisory Services LLC

LWM Advisory Services LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,214 shares of the company’s stock after selling 541 shares during the period. LWM Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $349,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Morgan Stanley increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after acquiring an additional 2,153,993 shares during the period. Truist Financial Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after buying an additional 112,526 shares during the last quarter. UBS Group AG raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.4% during the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after buying an additional 880,506 shares during the last quarter. Invesco Ltd. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 15.6% during the third quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock worth $640,586,000 after buying an additional 609,306 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Invesco S&P 500 Equal Weight ETF by 70.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after buying an additional 1,545,894 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7 %

RSP stock traded up $1.13 during trading on Monday, hitting $163.56. The company had a trading volume of 3,877,110 shares, compared to its average volume of 6,561,273. The business has a 50 day moving average of $164.11 and a 200 day moving average of $155.22. The firm has a market capitalization of $55.54 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week 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).