Invesco S&P 500 Equal Weight ETF $RSP Stock Holdings Lessened by Hegarty Advisors LLC

Hegarty Advisors LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 21,660 shares of the company’s stock after selling 4,359 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 3.3% of Hegarty Advisors LLC’s portfolio, making the stock its 8th largest position. Hegarty Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,157,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Hurley Capital LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $40,000. Finally, Raleigh Capital Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $42,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $213.50 on Friday. The firm’s fifty day moving average price is $208.30 and its 200 day moving average price is $201.55. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37. The firm has a market cap of $95.28 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.