RFG Advisory LLC decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 23.2% in the second quarter, Holdings Channel reports. The fund owned 4,213 shares of the company’s stock after selling 1,273 shares during the period. RFG Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $766,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of RSP. Nova Wealth Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $25,000. Uniplan Investment Counsel Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $26,000. Richardson Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $30,000. OLD Second National Bank of Aurora acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $31,000. Finally, Howe & Rusling Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 124 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA RSP opened at $188.01 on Friday. The company has a 50 day simple moving average of $188.16 and a 200-day simple moving average of $180.13. The company has a market capitalization of $72.86 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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