Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is RFP Financial Group LLC’s 2nd Largest Position

RFP Financial Group LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 34.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 157,764 shares of the company’s stock after selling 81,526 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 10.7% of RFP Financial Group LLC’s portfolio, making the stock its 2nd largest holding. RFP Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,636,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. SJS Investment Consulting Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. GHP Investment Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $180.22 on Friday. The company has a market capitalization of $60.36 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $156.16 and a 1-year high of $188.16. The firm’s 50 day simple moving average is $179.62 and its two-hundred day simple moving average is $177.46.

About Invesco S&P 500 Equal Weight ETF

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).