Moss Adams Wealth Advisors LLC Reduces Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Moss Adams Wealth Advisors LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,177 shares of the company’s stock after selling 133 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 2.0% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 11th largest holding. Moss Adams Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,496,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Xponance Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 5.0% during the 3rd quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after acquiring an additional 148 shares during the period. J.W. Cole Advisors Inc. raised its position 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 valued at $6,384,000 after purchasing an additional 22,615 shares during the period. TFB Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 38.5% during the 4th quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock valued at $310,000 after buying an additional 546 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings 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 worth $2,195,000 after buying an additional 9,573 shares during the period. Finally, Roble Belko & Company Inc purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $263,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.07 during trading hours on Wednesday, hitting $164.43. The company’s stock had a trading volume of 3,345,805 shares, compared to its average volume of 6,522,021. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The company has a market cap of $55.07 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a 50 day moving average price of $164.35 and a two-hundred day moving average price of $156.32.

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).