Goodman Financial Corp Sells 151,323 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Goodman Financial Corp cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 96.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,216 shares of the company’s stock after selling 151,323 shares during the quarter. Goodman Financial Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,191,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Investment Counsel Co. of Nevada acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $29,000. Tompkins Financial Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $32,000. Finally, IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $33,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5%

Shares of RSP stock opened at $190.48 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24. The firm has a market capitalization of $78.99 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm has a fifty day moving average of $199.62 and a 200-day moving average of $193.40.

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.