Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Howard Financial Services LTD.

Howard Financial Services LTD. cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,531 shares of the company’s stock after selling 3,928 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 4.7% of Howard Financial Services LTD.’s portfolio, making the stock its 5th biggest holding. Howard Financial Services LTD.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $34,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp raised its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $28,000. Cambridge Financial Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $28,000. Joseph Group Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $29,000. Finally, Bridge Generations Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $176.50 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $188.16. The stock has a market capitalization of $72.33 billion, a P/E ratio of 20.59 and a beta of 1.00. The stock has a fifty day moving average of $169.52 and a 200-day moving average of $176.13.

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).