Family Asset Management LLC Has $132,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Family Asset Management LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 735 shares of the company’s stock after selling 156 shares during the quarter. Family Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $132,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. CPA Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after acquiring an additional 62 shares during the last quarter. Inlet Private Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after acquiring an additional 63 shares during the last quarter. Delta Investment Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares during the last quarter. America First Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after purchasing an additional 66 shares during the last quarter. Finally, Opal Wealth Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 1.6% in the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after buying an additional 67 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.6 %

RSP stock traded up $2.91 during midday trading on Wednesday, reaching $181.58. The stock had a trading volume of 3,569,162 shares, compared to its average volume of 6,017,973. The firm has a market cap of $60.82 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $139.03 and a twelve month high of $183.38. The business has a fifty day simple moving average of $177.16 and a two-hundred day simple moving average of $170.13.

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).