Apollon Financial LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,334 shares of the company’s stock after selling 116 shares during the quarter. Apollon Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $424,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $26,000. Richardson Capital Management LLC acquired 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 acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $31,000. Finally, Howe & Rusling Inc. raised its holdings 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 acquiring an additional 124 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 2.3%
Invesco S&P 500 Equal Weight ETF stock opened at $185.12 on Friday. The business has a 50 day moving average price of $187.69 and a two-hundred day moving average price of $179.67. The stock has a market cap of $72.28 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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