Howard Financial Services LTD. Cuts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Howard Financial Services LTD. lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 226,174 shares of the company’s stock after selling 11,673 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 6.6% of Howard Financial Services LTD.’s holdings, making the stock its 3rd biggest position. Howard Financial Services LTD. owned about 0.07% of Invesco S&P 500 Equal Weight ETF worth $38,307,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Castle Rock Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the fourth quarter. Castle Rock Wealth Management LLC now owns 5,964 shares of the company’s stock worth $926,000 after purchasing an additional 70 shares in the last quarter. Long Run Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the fourth quarter. Long Run Wealth Advisors LLC now owns 1,929 shares of the company’s stock worth $304,000 after purchasing an additional 70 shares in the last quarter. SignalPoint Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the first quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock worth $293,000 after purchasing an additional 70 shares in the last quarter. Seelaus Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.7% in the fourth quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock worth $1,674,000 after purchasing an additional 72 shares in the last quarter. Finally, YHB Investment Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the fourth quarter. YHB Investment Advisors Inc. now owns 2,225 shares of the company’s stock valued at $351,000 after acquiring an additional 75 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

Shares of RSP stock traded up $0.12 during trading hours on Friday, reaching $164.28. The stock had a trading volume of 4,760,508 shares, compared to its average volume of 6,062,516. The stock’s fifty day simple moving average is $164.52 and its 200 day simple moving average is $161.87. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The firm has a market capitalization of $55.02 billion, a PE ratio of 20.44 and a beta of 0.90.

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).