Floyd Financial Group LLC Sells 31,031 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Floyd Financial Group LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 96.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,172 shares of the company’s stock after selling 31,031 shares during the quarter. Floyd Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $239,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $26,000. NBZ Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Hurley Capital LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares in the last quarter. Finally, Goodman Advisory Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $209.96 on Friday. The company has a market cap of $90.58 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $214.30. The stock has a 50-day simple moving average of $204.81 and a 200 day simple moving average of $199.40.

Invesco S&P 500 Equal Weight ETF Company 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.