Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 83.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,178 shares of the company’s stock after selling 724,100 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,178,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $4,965,000. TrinityPoint Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.9% in the 4th quarter. TrinityPoint Wealth LLC now owns 5,647 shares of the company’s stock worth $891,000 after buying an additional 210 shares during the period. Clearbridge Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $929,000. Corient Private Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 27.2% in the 4th quarter. Corient Private Wealth LLC now owns 107,526 shares of the company’s stock worth $16,968,000 after buying an additional 23,017 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 50.1% in the 4th quarter. Franklin Resources Inc. now owns 53,297 shares of the company’s stock worth $8,410,000 after buying an additional 17,785 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

Shares of NYSEARCA:RSP opened at $177.44 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $178.82. The company’s 50 day moving average is $171.16 and its 200 day moving average is $167.07. The company has a market cap of $59.43 billion, a PE ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).