Morgan Dempsey Capital Management LLC Decreases Position in Invesco S&P 500 Equal Weight ETF $RSP

Morgan Dempsey Capital Management LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 970 shares of the company’s stock after selling 84 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $176,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Realta Investment Advisors boosted its position in Invesco S&P 500 Equal Weight ETF by 15.5% during the second quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after purchasing an additional 55 shares in the last quarter. Battery Global Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after purchasing an additional 60 shares in the last quarter. Rosenberg Matthew Hamilton boosted its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the first quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after purchasing an additional 61 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after acquiring an additional 64 shares in the last quarter. Finally, Ehrlich Financial Group lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after acquiring an additional 65 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA:RSP opened at $188.01 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.30. The stock’s fifty day simple moving average is $188.16 and its 200-day simple moving average is $180.16. The company has a market capitalization of $72.67 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).