Ameriflex Group Inc. Reduces Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Ameriflex Group Inc. reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,075 shares of the company’s stock after selling 139 shares during the quarter. Ameriflex Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $374,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RSP. Brighton Jones LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $83,931,000. Bison Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after buying an additional 4,295 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.1% during the 1st quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after buying an additional 873 shares in the last quarter. Finally, Merit Financial Group LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 65.3% during the 1st quarter. Merit Financial Group LLC now owns 14,258 shares of the company’s stock valued at $2,470,000 after buying an additional 5,635 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

Invesco S&P 500 Equal Weight ETF stock opened at $191.25 on Friday. The firm’s 50 day simple moving average is $187.22 and its 200 day simple moving average is $179.13. The firm has a market capitalization of $75.35 billion, a PE 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.

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).