PFG Advisors Sells 4,235 Shares of Invesco S&P 500 Equal Weight ETF $RSP

PFG Advisors decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,522 shares of the company’s stock after selling 4,235 shares during the quarter. PFG Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $4,457,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Nova Wealth Management Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $26,000. Howe & Rusling Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the last quarter. GoalVest Advisory LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $34,000. Finally, Hanson & Doremus Investment Management increased its position in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after acquiring an additional 72 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $187.56 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.33. The stock has a market cap of $72.55 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s 50-day simple moving average is $188.74 and its 200 day simple moving average is $183.23.

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).