HBW Advisory Services LLC Has $560,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

HBW Advisory Services LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,124 shares of the company’s stock after selling 605 shares during the period. HBW Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $560,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RSP. CIBC Private Wealth Group LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 16.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 22,186 shares of the company’s stock worth $3,501,000 after acquiring an additional 3,193 shares during the last quarter. Prudential PLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $2,446,000. Schroder Investment Management Group bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $62,688,000. Waterloo Capital L.P. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 37.6% during the fourth quarter. Waterloo Capital L.P. now owns 59,368 shares of the company’s stock worth $9,368,000 after buying an additional 16,221 shares during the last quarter. Finally, Basso Capital Management L.P. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 739.6% during the fourth quarter. Basso Capital Management L.P. now owns 42,821 shares of the company’s stock worth $6,757,000 after buying an additional 37,721 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $1.39 during midday trading on Friday, hitting $178.57. The company had a trading volume of 5,401,269 shares, compared to its average volume of 6,232,511. The business’s 50 day simple moving average is $172.93 and its two-hundred day simple moving average is $167.95. The stock has a market cap of $59.81 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $179.94.

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).