71,618 Shares in Invesco S&P 500 Equal Weight ETF $RSP Acquired by Greenberg Financial Group

Greenberg Financial Group bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 71,618 shares of the company’s stock, valued at approximately $13,719,000. Invesco S&P 500 Equal Weight ETF makes up approximately 5.6% of Greenberg Financial Group’s investment portfolio, making the stock its 3rd largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.0% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after buying an additional 137,493 shares in the last quarter. CMG Global Holdings LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.6% in the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock valued at $6,741,000 after buying an additional 4,262 shares in the last quarter. Brookstone Capital Management increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after buying an additional 6,481 shares in the last quarter. Sowell Financial Services LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 23.2% in the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after buying an additional 3,829 shares in the last quarter. Finally, Argent Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.8% in the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after buying an additional 3,135 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $197.96 on Thursday. The stock has a market capitalization of $87.88 billion, a P/E ratio of 20.10 and a beta of 0.97. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.81 and a 1 year high of $205.24. The business’s fifty day moving average is $197.98 and its two-hundred day moving average is $193.70.

Invesco S&P 500 Equal Weight ETF Profile

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.