RFG Advisory LLC Lowers Stake in Invesco S&P 500 Equal Weight ETF $RSP

RFG Advisory LLC reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,213 shares of the company’s stock after selling 1,273 shares during the quarter. RFG Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $766,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Total Clarity Wealth Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after acquiring an additional 872 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after acquiring an additional 1,320 shares in the last quarter. Almanack Investment Partners LLC. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $1,545,000. GAMMA Investing LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 21.9% in the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock valued at $474,000 after buying an additional 492 shares in the last quarter. Finally, Biltmore Family Office LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 20.7% in the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock valued at $11,595,000 after buying an additional 11,477 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $188.01 on Friday. The firm has a market capitalization of $72.86 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.30. The firm’s 50-day moving average price is $188.16 and its 200 day moving average price is $180.13.

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).