Howard Financial Services LTD. Decreases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Howard Financial Services LTD. cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 16.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 237,847 shares of the company’s stock after selling 46,396 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 7.2% of Howard Financial Services LTD.’s portfolio, making the stock its 3rd largest position. Howard Financial Services LTD. owned about 0.08% of Invesco S&P 500 Equal Weight ETF worth $37,532,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SJS Investment Consulting Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Salem Investment Counselors Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $26,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Core Wealth Advisors Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $38,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $44,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2 %

NYSEARCA:RSP traded down $0.32 during mid-day trading on Friday, hitting $164.42. 7,973,422 shares of the company’s stock were exchanged, compared to its average volume of 6,752,865. The company has a 50 day simple moving average of $159.72 and a 200-day simple moving average of $150.98. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $166.82. The firm has a market capitalization of $46.48 billion, a P/E ratio of 16.13 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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