Invesco S&P 500 Equal Weight ETF $RSP Holdings Cut by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 43.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,268 shares of the company’s stock after selling 9,258 shares during the period. HBK Sorce Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,481,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Pacific Point Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after acquiring an additional 52 shares during the last quarter. Drucker Wealth 3.0 LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after buying an additional 55 shares during the last quarter. Strategies Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after buying an additional 55 shares during the last quarter. Battery Global Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares during the last quarter. Finally, HORAN Wealth LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the fourth quarter. HORAN Wealth LLC now owns 4,770 shares of the company’s stock valued at $914,000 after buying an additional 56 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $206.58 on Tuesday. The business’s 50 day moving average is $198.72 and its 200-day moving average is $196.64. The stock has a market cap of $89.12 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $173.00 and a twelve month high of $206.97.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.