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

Moloney Securities Asset Management LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,525 shares of the company’s stock after selling 360 shares during the period. Moloney Securities Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,071,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Alpha Financial Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 42.3% in the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after acquiring an additional 1,502 shares in the last quarter. UMB Bank n.a. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 46.9% in the third quarter. UMB Bank n.a. now owns 8,884 shares of the company’s stock worth $1,592,000 after acquiring an additional 2,835 shares in the last quarter. Quotient Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $258,000. Beaumont Financial Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.3% during the third quarter. Beaumont Financial Advisors LLC now owns 1,808 shares of the company’s stock valued at $324,000 after purchasing an additional 123 shares in the last quarter. Finally, Fermata Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $234,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $180.22 on Friday. The company has a market cap of $60.36 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $156.16 and a 1 year high of $188.16. The stock’s fifty day moving average price is $179.62 and its 200-day moving average price is $177.46.

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).