Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,702 shares of the company’s stock after selling 172 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,504,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Penobscot Wealth Management lifted its holdings in Invesco S&P 500 Equal Weight ETF by 23.0% in the fourth quarter. Penobscot Wealth Management now owns 2,475 shares of the company’s stock valued at $434,000 after acquiring an additional 462 shares during the period. Essential Planning LLC. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the fourth quarter. Essential Planning LLC. now owns 4,000 shares of the company’s stock valued at $709,000 after acquiring an additional 2,000 shares during the period. Chicago Wealth Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Chicago Wealth Management Inc. now owns 60,025 shares of the company’s stock valued at $10,518,000 after acquiring an additional 1,482 shares during the period. Farther Finance Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 108.4% in the fourth quarter. Farther Finance Advisors LLC now owns 74,860 shares of the company’s stock valued at $13,118,000 after acquiring an additional 38,931 shares during the period. Finally, PFG Advisors lifted its holdings in Invesco S&P 500 Equal Weight ETF by 15.1% in the fourth quarter. PFG Advisors now owns 17,072 shares of the company’s stock valued at $2,992,000 after acquiring an additional 2,236 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $171.07 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The business has a fifty day moving average of $178.91 and a two-hundred day moving average of $179.12. The company has a market cap of $71.11 billion, a P/E ratio of 21.37 and a beta of 1.07.

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).