LWS Wealth Advisors Inc. decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,684 shares of the company’s stock after selling 80 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.0% of LWS Wealth Advisors Inc.’s holdings, making the stock its 25th largest holding. LWS Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,791,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Morgan Stanley raised its stake in Invesco S&P 500 Equal Weight ETF by 12.8% in 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 during the last quarter. Chai Trust Co. LLC raised its stake 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 purchasing an additional 1,539,527 shares during the last quarter. Ameriprise Financial Inc. raised its stake 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 worth $449,410,000 after purchasing an additional 1,082,620 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $165,805,000. Finally, UBS Group AG raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.4% in the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock worth $842,867,000 after purchasing an additional 880,506 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Down 1.4 %
Shares of NYSEARCA:RSP traded down $2.34 during trading on Thursday, hitting $164.85. The stock had a trading volume of 5,840,686 shares, compared to its average volume of 6,254,294. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The stock has a market capitalization of $55.21 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50-day simple moving average of $164.86 and a two-hundred day simple moving average of $158.52.
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).
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