First Hawaiian Bank Has $930,000 Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

First Hawaiian Bank lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 75.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,661 shares of the company’s stock after selling 17,502 shares during the period. First Hawaiian Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $930,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares during the period. UBS Group AG raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the fourth quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after purchasing an additional 90,811 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $860,010,000. Balyasny Asset Management L.P. bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $671,392,000. Finally, Cresset Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 7.0% during the 4th quarter. Cresset Asset Management LLC now owns 2,879,877 shares of the company’s stock valued at $454,445,000 after acquiring an additional 188,443 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP traded up $3.10 on Tuesday, hitting $165.93. The stock had a trading volume of 6,655,846 shares, compared to its average volume of 6,360,355. The firm has a 50-day moving average of $166.07 and a 200-day moving average of $164.07. The company has a market capitalization of $55.58 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $173.08.

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).