Hart & Patterson Financial Group LLC Sells 476 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hart & Patterson Financial Group LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.5% during the 4th quarter, Holdings Channel reports. The firm owned 18,647 shares of the company’s stock after selling 476 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.6% of Hart & Patterson Financial Group LLC’s portfolio, making the stock its 24th biggest holding. Hart & Patterson Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,268,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in RSP. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. Richardson Financial Services Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $29,000. Finally, Riggs Asset Managment Co. Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 146.7% during the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after buying an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $174.67 on Tuesday. The stock has a market capitalization of $58.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The business’s 50 day simple moving average is $180.85 and its 200-day simple moving average is $175.71.

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).