Floyd Financial Group LLC Sells 31,031 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Floyd Financial Group LLC reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 96.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,172 shares of the company’s stock after selling 31,031 shares during the quarter. Floyd Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $239,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Cary Street Partners Investment Advisory LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after acquiring an additional 51 shares in the last quarter. Pacific Point Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares during the last quarter. Drucker Wealth 3.0 LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.3% in the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after purchasing an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.5% in the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after purchasing an additional 55 shares in the last quarter. Finally, Battery Global Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after purchasing an additional 55 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5%

NYSEARCA:RSP opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $214.30. The firm has a market capitalization of $90.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The stock’s 50 day moving average price is $204.81 and its two-hundred day moving average price is $199.40.

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.