RFP Financial Group LLC Has $17.61 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

RFP Financial Group LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 101,765 shares of the company’s stock after selling 55,999 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 7.1% of RFP Financial Group LLC’s holdings, making the stock its 3rd biggest holding. RFP Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,607,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Tidemark LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 31.4% during the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares during the period. Ceera Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $267,000. Permanent Capital Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $25,956,000. Smartleaf Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 50.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 549 shares of the company’s stock valued at $96,000 after purchasing an additional 184 shares during the period. Finally, Van ECK Associates Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.2%

Invesco S&P 500 Equal Weight ETF stock opened at $177.65 on Friday. The firm has a 50-day moving average price of $173.35 and a two-hundred day moving average price of $175.39. The firm has a market capitalization of $71.81 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $188.16.

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).