Family Asset Management LLC Trims Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Family Asset Management LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,926 shares of the company’s stock after selling 517 shares during the period. Family Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,093,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in 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 purchasing an additional 2,153,993 shares in the last quarter. Chai Trust Co. LLC lifted its holdings 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 buying an additional 1,539,527 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 53.1% during the third quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after acquiring an additional 1,082,620 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $165,805,000. Finally, UBS Group AG increased its holdings in Invesco S&P 500 Equal Weight ETF by 17.4% in the 3rd quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after acquiring an additional 880,506 shares during the last quarter.

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

RSP stock traded up $1.25 during mid-day trading on Monday, hitting $164.04. The company had a trading volume of 4,918,688 shares, compared to its average volume of 6,581,635. The company has a market capitalization of $54.94 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50-day moving average price of $164.30 and a 200 day moving average price of $156.13. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.

Invesco S&P 500 Equal Weight ETF 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).