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

Great Valley Advisor Group Inc. trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 26,646 shares of the company’s stock after selling 2,926 shares during the period. Great Valley Advisor Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,774,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. LRI Investments LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $79,000. BOKF NA raised its stake in Invesco S&P 500 Equal Weight ETF by 4.9% in the first quarter. BOKF NA now owns 25,989 shares of the company’s stock valued at $4,376,000 after buying an additional 1,203 shares in the last quarter. Econ Financial Services Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 458.2% during the 1st quarter. Econ Financial Services Corp now owns 7,681 shares of the company’s stock worth $1,301,000 after buying an additional 6,305 shares during the last quarter. Waverly Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.4% during the 1st quarter. Waverly Advisors LLC now owns 493,919 shares of the company’s stock worth $83,655,000 after acquiring an additional 20,989 shares in the last quarter. Finally, Black Maple Capital Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $4,759,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

RSP stock opened at $185.53 on Friday. The business has a 50 day moving average price of $179.66 and a 200 day moving average price of $171.95. The stock has a market cap of $62.14 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $146.09 and a fifty-two week high of $185.79.

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).