Hancock Whitney Corp Lowers Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hancock Whitney Corp trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,672 shares of the company’s stock after selling 1,148 shares during the period. Hancock Whitney Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,410,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $4,965,000. TrinityPoint Wealth LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.9% during the 4th quarter. TrinityPoint Wealth LLC now owns 5,647 shares of the company’s stock valued at $891,000 after acquiring an additional 210 shares during the last quarter. Clearbridge Investments LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $929,000. Corient Private Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 27.2% during the fourth quarter. Corient Private Wealth LLC now owns 107,526 shares of the company’s stock valued at $16,968,000 after purchasing an additional 23,017 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 50.1% in the 4th quarter. Franklin Resources Inc. now owns 53,297 shares of the company’s stock worth $8,410,000 after buying an additional 17,785 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

Invesco S&P 500 Equal Weight ETF stock opened at $177.44 on Friday. The company’s 50-day moving average price is $171.16 and its 200-day moving average price is $167.07. The company has a market cap of $59.43 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $178.82.

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).