KFA Private Wealth Group LLC Acquires 1,310 Shares of Invesco S&P 500 Equal Weight ETF $RSP

KFA Private Wealth Group LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 89.4% during the second quarter, Holdings Channel.com reports. The fund owned 2,776 shares of the company’s stock after purchasing an additional 1,310 shares during the quarter. KFA Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $505,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of RSP. Brighton Jones LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $83,931,000. Bison Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares in the last quarter. Rhumbline Advisers grew its stake in Invesco S&P 500 Equal Weight ETF by 6.1% during the first quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock worth $2,639,000 after buying an additional 873 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 21.9% during the first quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after buying an additional 492 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 2.3%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $185.12 on Friday. The company has a market capitalization of $72.28 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30. The firm’s 50-day moving average price is $187.69 and its two-hundred day moving average price is $179.63.

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).