Floyd Financial Group LLC Cuts Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Floyd Financial Group LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,245 shares of the company’s stock after selling 2,220 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 5.4% of Floyd Financial Group LLC’s holdings, making the stock its 6th largest position. Floyd Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,786,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Battery Global Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after buying an additional 60 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after acquiring an additional 61 shares during the last quarter. Ehrlich Financial Group raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after acquiring an additional 65 shares in the last quarter. Live Oak Private Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% in the 1st quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after acquiring an additional 67 shares in the last quarter. Finally, Samalin Investment Counsel LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% in the 1st quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock worth $1,295,000 after purchasing an additional 67 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 Stock Down 0.2%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $188.27 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $190.54. The stock has a 50 day moving average price of $186.69 and a two-hundred day moving average price of $178.32. The stock has a market capitalization of $74.63 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).