Hart & Patterson Financial Group LLC Reduces Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hart & Patterson Financial Group LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,123 shares of the company’s stock after selling 787 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.6% of Hart & Patterson Financial Group LLC’s investment portfolio, making the stock its 23rd largest position. Hart & Patterson Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,426,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Fairman Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $27,000. DHJJ Financial Advisors Ltd. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the last quarter. Creekmur Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 90 shares during the last quarter. Central Bank & Trust Co. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $36,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $39,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $179.90 on Friday. The firm’s 50 day moving average price is $173.79 and its 200-day moving average price is $168.38. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $180.14. The firm has a market cap of $60.26 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).