Sfmg LLC Raises Position in Invesco S&P 500 Equal Weight ETF $RSP

Sfmg LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 120.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,444 shares of the company’s stock after purchasing an additional 2,425 shares during the quarter. Sfmg LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $851,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. IMA Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $33,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $208.83 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $174.27 and a fifty-two week high of $209.32. The firm has a market cap of $90.09 billion, a PE ratio of 20.10 and a beta of 0.92. The business’s fifty day moving average is $199.81 and its two-hundred day moving average is $197.16.

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). 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.