CMG Global Holdings LLC Buys 4,262 Shares of Invesco S&P 500 Equal Weight ETF $RSP

CMG Global Holdings LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 35,694 shares of the company’s stock after buying an additional 4,262 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.3% of CMG Global Holdings LLC’s portfolio, making the stock its 8th biggest position. CMG Global Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,741,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in RSP. Burney Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 12.4% in the third quarter. Burney Co. now owns 1,663 shares of the company’s stock worth $315,000 after acquiring an additional 184 shares during the last quarter. Capital Advisors Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 12.3% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 2,932 shares of the company’s stock valued at $556,000 after purchasing an additional 321 shares during the last quarter. Quad Cities Investment Group LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.8% in the 3rd quarter. Quad Cities Investment Group LLC now owns 46,870 shares of the company’s stock valued at $8,891,000 after purchasing an additional 821 shares in the last quarter. Virginia Wealth Management Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $226,000. Finally, CWM LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.1% during the 3rd quarter. CWM LLC now owns 151,029 shares of the company’s stock worth $28,650,000 after purchasing an additional 1,690 shares during 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 Trading Up 0.0%

Shares of RSP stock opened at $193.84 on Friday. The company has a market cap of $74.98 billion, a P/E ratio of 20.10 and a beta of 0.99. The firm has a fifty day moving average price of $189.93 and a 200 day moving average price of $187.08. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.46.

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). 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.