Invesco S&P 500 Equal Weight ETF $RSP is CMG Global Holdings LLC’s 7th Largest Position

CMG Global Holdings LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 38,880 shares of the company’s stock after acquiring an additional 3,186 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 3.5% of CMG Global Holdings LLC’s investment portfolio, making the stock its 7th largest holding. CMG Global Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,788,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after purchasing an additional 6,481 shares in the last quarter. Argent Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.8% in the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after purchasing an additional 3,135 shares in the last quarter. Roman Butler Fullerton & Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 67.0% in the third quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after purchasing an additional 4,358 shares in the last quarter. Caprock Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $4,966,000. Finally, Empirical Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 417.0% in the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after purchasing an additional 9,311 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $201.56 on Monday. The business has a fifty day simple moving average of $197.89 and a 200 day simple moving average of $195.95. The firm has a market capitalization of $86.95 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $173.00 and a one year high of $205.53.

Invesco S&P 500 Equal Weight ETF 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). 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.