Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Howard Financial Services LTD.’s 4th Largest Position

Howard Financial Services LTD. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 203,459 shares of the company’s stock after selling 636 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 4.8% of Howard Financial Services LTD.’s portfolio, making the stock its 4th largest holding. Howard Financial Services LTD.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $35,652,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in RSP. CPA Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% during the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after purchasing an additional 62 shares in the last quarter. Inlet Private Wealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares during the period. Abound Wealth Management raised its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares during the last quarter. Delta Investment Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after buying an additional 65 shares in the last quarter. Finally, Founders Financial Alliance LLC raised its position in Invesco S&P 500 Equal Weight ETF by 2.4% in the second quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock worth $469,000 after acquiring an additional 67 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Friday. The business has a fifty day moving average of $180.54 and a two-hundred day moving average of $175.95. The company has a market cap of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $153.16 and a one year high of $188.16.

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).