Invesco S&P 500 Equal Weight ETF $RSP Stake Raised by RFP Financial Group LLC

RFP Financial Group LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 66.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 102,776 shares of the company’s stock after buying an additional 40,917 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 9.4% of RFP Financial Group LLC’s investment portfolio, making the stock its 4th largest holding. RFP Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,688,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in RSP. NBZ Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. Aviso Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Goodman Advisory Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $35,000. Finally, Basepoint Wealth LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $40,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $211.65 on Monday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $212.12. The firm’s 50 day moving average price is $203.40 and its 200 day moving average price is $198.83. The company has a market cap of $91.31 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.