Community Financial Services Group LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Community Financial Services Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5,876.0% in the 2nd quarter, Holdings Channel reports. The fund owned 128,365 shares of the company’s stock after buying an additional 126,217 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 4.0% of Community Financial Services Group LLC’s investment portfolio, making the stock its 3rd largest holding. Community Financial Services Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $27,394,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000. Brandywine Financial Group increased its stake 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 purchasing an additional 121 shares in the last quarter. Hurley Capital LLC increased its holdings 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 valued at $34,000 after acquiring an additional 118 shares in the last quarter. Asset Dedication LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $36,000. Finally, Basepoint Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $40,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $220.22 on Tuesday. The stock has a fifty day simple moving average of $213.08 and a 200 day simple moving average of $204.67. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $221.09. The company has a market capitalization of $99.52 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.