Bank Hapoalim BM Decreases Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Bank Hapoalim BM trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,499 shares of the company’s stock after selling 250 shares during the quarter. Bank Hapoalim BM’s holdings in Invesco S&P 500 Equal Weight ETF were worth $272,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in RSP. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $30,000. OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $31,000. Finally, Howe & Rusling Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

Shares of NYSEARCA:RSP opened at $191.25 on Friday. The company has a market capitalization of $75.35 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. The firm’s 50-day moving average is $187.22 and its 200 day moving average is $179.13.

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).