Floyd Financial Group LLC Takes $376,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Floyd Financial Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,171 shares of the company’s stock, valued at approximately $376,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Riversedge Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.7% during the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares in the last quarter. Blue Trust Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after acquiring an additional 6,001 shares during the period. Brightwater Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $3,227,000. Finally, Montis Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after acquiring an additional 21,202 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $176.08 on Wednesday. The company’s 50-day simple moving average is $180.80 and its 200-day simple moving average is $175.79. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The stock has a market capitalization of $58.98 billion, a PE ratio of 20.44 and a beta of 0.90.

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).