Berger Financial Group Inc Has $475,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Berger Financial Group Inc trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,711 shares of the company’s stock after selling 682 shares during the quarter. Berger Financial Group Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $475,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of RSP. SJS Investment Consulting Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the last quarter. Van ECK Associates Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the period. FPC Investment Advisory Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Cambridge Financial Group Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Finally, Joseph Group Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $167.92 on Tuesday. The firm has a market capitalization of $69.85 billion, a PE ratio of 19.70 and a beta of 1.01. The firm’s 50 day moving average is $170.22 and its 200 day moving average is $176.95. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16.

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).