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

Great Valley Advisor Group Inc. trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 86.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Xponance Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.0% during the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock valued at $444,000 after purchasing an additional 148 shares during the period. J.W. Cole Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 126.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock worth $6,384,000 after purchasing an additional 22,615 shares in the last quarter. TFB Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 38.5% in the 4th quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock valued at $310,000 after acquiring an additional 546 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in Invesco S&P 500 Equal Weight ETF by 161.7% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock valued at $2,195,000 after acquiring an additional 9,573 shares in the last quarter. Finally, Roble Belko & Company Inc bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $263,000.

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

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.20 during trading on Thursday, reaching $160.85. The company’s stock had a trading volume of 234,522 shares, compared to its average volume of 6,497,704. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The business’s 50-day moving average price is $164.23 and its 200-day moving average price is $155.57. The firm has a market cap of $53.88 billion, a PE ratio of 20.44 and a beta of 0.90.

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).