KFA Private Wealth Group LLC Purchases 1,310 Shares of Invesco S&P 500 Equal Weight ETF $RSP

KFA Private Wealth Group LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 89.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,776 shares of the company’s stock after purchasing an additional 1,310 shares during the quarter. KFA Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $505,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of RSP. Acima Private Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.6% in the 2nd quarter. Acima Private Wealth LLC now owns 54,177 shares of the company’s stock valued at $9,846,000 after acquiring an additional 2,372 shares during the period. Greenwood Gearhart Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 8.9% in the 2nd quarter. Greenwood Gearhart Inc. now owns 227,715 shares of the company’s stock valued at $41,385,000 after acquiring an additional 18,571 shares during the period. Bender Robert & Associates bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $232,000. Costello Asset Management INC raised its holdings in Invesco S&P 500 Equal Weight ETF by 7.4% in the 2nd quarter. Costello Asset Management INC now owns 19,138 shares of the company’s stock valued at $3,478,000 after acquiring an additional 1,323 shares during the period. Finally, L. Roy Papp & Associates LLP raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.9% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 64,600 shares of the company’s stock valued at $11,740,000 after acquiring an additional 1,180 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 2.3%

Invesco S&P 500 Equal Weight ETF stock opened at $185.12 on Friday. The stock has a market cap of $72.28 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.30. The company’s 50-day moving average price is $187.69 and its two-hundred day moving average price is $179.63.

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).