Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is RFP Financial Group LLC’s 2nd Largest Position

RFP Financial Group LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 157,764 shares of the company’s stock after selling 81,526 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 10.7% of RFP Financial Group LLC’s holdings, making the stock its 2nd largest holding. RFP Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,636,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the last quarter. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Richardson Financial Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $180.22 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $156.16 and a one year high of $188.16. The business’s fifty day moving average is $179.62 and its 200 day moving average is $177.46. The stock has a market capitalization of $60.36 billion, a PE ratio of 20.44 and a beta of 0.90.

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).