Moloney Securities Asset Management LLC Reduces Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Moloney Securities Asset Management LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 17,885 shares of the company’s stock after selling 5,230 shares during the period. Moloney Securities Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,204,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. TKG Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $3,608,000. QRG Capital Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.3% during the third quarter. QRG Capital Management Inc. now owns 3,238 shares of the company’s stock valued at $580,000 after buying an additional 219 shares during the last quarter. Signify Wealth purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $3,859,000. New England Capital Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.9% in the third quarter. New England Capital Financial Advisors LLC now owns 107,255 shares of the company’s stock worth $19,216,000 after buying an additional 2,032 shares during the period. Finally, Forum Financial Management LP boosted its holdings in Invesco S&P 500 Equal Weight ETF by 15.2% during the 3rd quarter. Forum Financial Management LP now owns 4,109 shares of the company’s stock valued at $736,000 after acquiring an additional 543 shares during the period.

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

NYSEARCA RSP opened at $176.61 on Tuesday. The stock has a market cap of $59.15 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $139.03 and a 12 month high of $182.22. The company’s 50-day moving average price is $177.07 and its 200-day moving average price is $169.99.

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).