PCA Investment Advisory Services Inc. Trims Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

PCA Investment Advisory Services Inc. lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,689 shares of the company’s stock after selling 210 shares during the quarter. PCA Investment Advisory Services Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $997,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $29,000. Finally, Riggs Asset Managment Co. Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after acquiring an additional 110 shares during the last quarter.

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

Shares of RSP stock opened at $174.67 on Tuesday. The stock has a market capitalization of $58.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $153.10 and a 12-month high of $188.16. The stock’s 50-day moving average price is $180.85 and its 200-day moving average price is $175.71.

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).