CPA Asset Management LLC Takes $289,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CPA Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,832 shares of the company’s stock, valued at approximately $289,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Moneta Group Investment Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 104,839.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after acquiring an additional 7,948,942 shares during the period. Morgan Stanley lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after acquiring an additional 2,153,993 shares during the period. Citigroup Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 275.0% during the 3rd quarter. Citigroup Inc. now owns 2,278,078 shares of the company’s stock worth $322,781,000 after acquiring an additional 1,670,580 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 70.7% in the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after acquiring an additional 1,545,894 shares during the last quarter. Finally, Chai Trust Co. LLC increased its position in Invesco S&P 500 Equal Weight ETF by 926.0% during the third quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after purchasing an additional 1,539,527 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP traded up $0.53 during trading hours on Thursday, reaching $169.31. 2,019,457 shares of the company were exchanged, compared to its average volume of 6,397,595. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.51. The firm has a market cap of $47.86 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. The stock has a 50 day simple moving average of $161.09 and a 200 day simple moving average of $151.82.

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).