Financial Enhancement Group LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Financial Enhancement Group LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,637 shares of the company’s stock after selling 1,078 shares during the period. Financial Enhancement Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,019,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after purchasing an additional 98,000 shares in the last quarter. Citigroup Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after purchasing an additional 198,793 shares during the last quarter. Finally, Lbmc Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 3rd quarter. Lbmc Investment Advisors LLC now owns 1,338,431 shares of the company’s stock valued at $239,793,000 after purchasing an additional 4,661 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0 %

Invesco S&P 500 Equal Weight ETF stock opened at $177.77 on Thursday. The firm has a fifty day simple moving average of $180.80 and a two-hundred day simple moving average of $175.79. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16. The company has a market capitalization of $59.54 billion, a PE 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).