Argent Advisors Inc. Sells 52,145 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Argent Advisors Inc. lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 90.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,316 shares of the company’s stock after selling 52,145 shares during the quarter. Argent Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,018,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in RSP. Brighton Jones LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $279,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $210.83 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $210.95. The business has a fifty day simple moving average of $201.24 and a 200 day simple moving average of $197.81. The stock has a market cap of $90.95 billion, a PE ratio of 20.10 and a beta of 0.91.

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). 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.