Hilltop National Bank Purchases 23,504 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hilltop National Bank grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 117,520.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,524 shares of the company’s stock after acquiring an additional 23,504 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.2% of Hilltop National Bank’s investment portfolio, making the stock its 13th largest position. Hilltop National Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,122,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. GHP Investment Advisors Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $29,000. Richardson Financial Services Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $33,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.4 %

Invesco S&P 500 Equal Weight ETF stock traded down $2.39 during midday trading on Friday, hitting $173.43. 3,691,495 shares of the stock were exchanged, compared to its average volume of 6,909,380. The stock has a market capitalization of $58.09 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $153.10 and a 52-week high of $188.16. The business’s 50-day moving average price is $180.95 and its 200-day moving average price is $175.43.

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).