Hilltop National Bank Sells 14,230 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Hilltop National Bank lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,144 shares of the company’s stock after selling 14,230 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.0% of Hilltop National Bank’s portfolio, making the stock its 19th largest position. Hilltop National Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,050,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $28,000. Investment Counsel Co. of Nevada bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth about $29,000. Tompkins Financial Corp purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $32,000. Finally, IMA Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $33,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $190.48 on Friday. The stock’s 50 day moving average price is $199.62 and its 200-day moving average price is $193.31. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24. The stock has a market cap of $78.99 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.