Hengehold Capital Management LLC Trims Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hengehold Capital Management LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,129 shares of the company’s stock after selling 655 shares during the quarter. Hengehold Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $381,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 193.4% in the 4th quarter. Fisher Asset Management LLC now owns 9,980 shares of the company’s stock valued at $1,575,000 after purchasing an additional 6,578 shares during the last quarter. GAMMA Investing LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 232.0% in the 1st quarter. GAMMA Investing LLC now owns 800 shares of the company’s stock valued at $135,000 after buying an additional 559 shares during the period. Farmers Trust Co. acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $328,000. Fulton Bank N.A. boosted its stake in Invesco S&P 500 Equal Weight ETF by 14.5% during the first quarter. Fulton Bank N.A. now owns 3,823 shares of the company’s stock worth $648,000 after buying an additional 483 shares during the period. Finally, Bank of New Hampshire acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $373,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $181.62 on Thursday. The firm has a market cap of $60.83 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50 day moving average price is $174.84 and its 200-day moving average price is $168.63. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $182.22.

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).