FFG Partners LLC Takes $892,000 Position in Invesco S&P 500 Equal Weight ETF $RSP

FFG Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 4,646 shares of the company’s stock, valued at approximately $892,000. Invesco S&P 500 Equal Weight ETF comprises about 0.4% of FFG Partners LLC’s holdings, making the stock its 28th biggest position.

Other large investors also recently bought and sold shares of the company. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $26,000. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $26,000. Aviso Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. Nalls Sherbakoff Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. Finally, Hurley Capital LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $209.61 on Tuesday. The company has a market capitalization of $90.43 billion, a P/E ratio of 20.10 and a beta of 0.91. The company’s 50-day simple moving average is $205.28 and its two-hundred day simple moving average is $199.68. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $214.30.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.

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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).

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