Highland Capital Management LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,772 shares of the company’s stock after selling 73 shares during the period. Highland Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also made changes to their positions in the company. Nova Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $26,000. Richardson Capital Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $30,000. OLD Second National Bank of Aurora purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $31,000. Finally, Howe & Rusling Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.4%
Shares of RSP stock opened at $191.25 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30. The stock has a market capitalization of $75.35 billion, a PE ratio of 20.10 and a beta of 1.05. The firm has a 50 day moving average of $187.22 and a two-hundred day moving average of $179.16.
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).
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