Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Burke & Herbert Bank & Trust Co.’s 7th Largest Position

Burke & Herbert Bank & Trust Co. reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,623 shares of the company’s stock after selling 1,284 shares during the quarter. 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 largest position. Burke & Herbert Bank & Trust Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,711,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Heritage Oak Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $1,854,000. Silver Oak Securities Incorporated raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 75.5% in the third quarter. Silver Oak Securities Incorporated now owns 20,062 shares of the company’s stock valued at $3,590,000 after acquiring an additional 8,633 shares in the last quarter. Nicholson Wealth Management Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $612,000. Mainstay Capital Management LLC ADV bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $721,000. Finally, Dakota Wealth Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.1% in the third quarter. Dakota Wealth Management now owns 357,884 shares of the company’s stock valued at $64,119,000 after acquiring an additional 14,022 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6 %

Shares of RSP stock traded up $0.99 on Friday, hitting $179.95. The stock had a trading volume of 736,536 shares, compared to its average volume of 6,053,782. The business has a 50 day moving average price of $176.18 and a 200 day moving average price of $169.10. The company has a market cap of $60.27 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $182.22.

Invesco S&P 500 Equal Weight ETF Company 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).