Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 23.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 273,981 shares of the company’s stock after selling 84,605 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 8.6% of Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P.’s investment portfolio, making the stock its largest position. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. owned approximately 0.07% of Invesco S&P 500 Equal Weight ETF worth $49,793,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $26,000. Investment Counsel Co. of Nevada acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $29,000. Howe & Rusling Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $34,000. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.7%
NYSEARCA:RSP opened at $193.41 on Friday. The company has a market capitalization of $74.81 billion, a P/E ratio of 20.10 and a beta of 0.99. The firm has a 50-day moving average price of $189.04 and a two-hundred day moving average price of $185.98. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.47.
About Invesco S&P 500 Equal Weight ETF
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).
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