CMG Global Holdings LLC Raises Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CMG Global Holdings LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,875 shares of the company’s stock after buying an additional 855 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.1% of CMG Global Holdings LLC’s investment portfolio, making the stock its 27th biggest position. CMG Global Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,622,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Everett Harris & Co. CA lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after buying an additional 65 shares during the period. Delta Investment Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after purchasing an additional 65 shares during the period. America First Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after purchasing an additional 66 shares during the last quarter. Opal Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the second quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after purchasing an additional 67 shares during the period. Finally, Acorn Wealth Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Acorn Wealth Advisors LLC now owns 14,589 shares of the company’s stock worth $2,471,000 after buying an additional 70 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $178.93 on Monday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $179.94. The business has a 50-day moving average of $171.97 and a two-hundred day moving average of $167.52. The stock has a market capitalization of $59.93 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).