61,719 Shares in Invesco S&P 500 Equal Weight ETF $RSP Purchased by Cypress Financial Planning LLC

Cypress Financial Planning LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 61,719 shares of the company’s stock, valued at approximately $12,839,000. Invesco S&P 500 Equal Weight ETF comprises about 3.5% of Cypress Financial Planning LLC’s investment portfolio, making the stock its 11th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Highland Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $26,000. Brandywine Financial Group lifted its position in Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $29,000. Rogco LP acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $34,000. Finally, Hurley Capital LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $1.17 on Friday, hitting $213.04. The stock had a trading volume of 6,535,135 shares, compared to its average volume of 12,067,952. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The stock has a market cap of $96.95 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The company’s 50 day moving average price is $216.42 and its 200 day moving average price is $209.57.

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). 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.