Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Holdings Lowered by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 48,491 shares of the company’s stock after selling 132 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 2.0% of Burke & Herbert Bank & Trust Co.’s investment portfolio, making the stock its 7th biggest position. Burke & Herbert Bank & Trust Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,497,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Beaumont Financial Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares in the last quarter. Ingalls & Snyder LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after purchasing an additional 58 shares during the last quarter. Boston Standard Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after purchasing an additional 61 shares in the last quarter. CPA Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares during the last quarter. Finally, Abound Wealth Management raised its stake in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after buying an additional 63 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

NYSEARCA:RSP opened at $181.08 on Monday. The company has a market cap of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90. The business’s 50 day moving average is $179.08 and its two-hundred day moving average is $177.98. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16.

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).