First Hawaiian Bank Trims Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

First Hawaiian Bank lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 75.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,661 shares of the company’s stock after selling 17,502 shares during the quarter. First Hawaiian Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $930,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Everett Harris & Co. CA boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% in the 1st quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after purchasing an additional 65 shares during the last quarter. Principle Wealth Partners LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.8% in the first quarter. Principle Wealth Partners LLC now owns 2,555 shares of the company’s stock worth $433,000 after acquiring an additional 70 shares during the period. Acorn Wealth Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Acorn Wealth Advisors LLC now owns 14,589 shares of the company’s stock worth $2,471,000 after acquiring an additional 70 shares during the last quarter. SignalPoint Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 4.2% in the first quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock valued at $293,000 after purchasing an additional 70 shares during the period. Finally, Seelaus Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.7% in the 4th quarter. Seelaus Asset Management LLC now owns 10,608 shares of the company’s stock valued at $1,674,000 after purchasing an additional 72 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.9 %

RSP traded up $3.10 on Tuesday, hitting $165.93. 6,655,846 shares of the company were exchanged, compared to its average volume of 6,360,355. The firm has a 50-day moving average price of $166.07 and a two-hundred day moving average price of $164.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $173.08. The company has a market cap of $55.58 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).