Embree Financial Group Decreases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Embree Financial Group decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,360 shares of the company’s stock after selling 219 shares during the quarter. Embree Financial Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $400,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Catalina Capital Group LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 132.4% in the first quarter. Catalina Capital Group LLC now owns 8,953 shares of the company’s stock valued at $1,516,000 after acquiring an additional 5,101 shares during the period. Avidian Wealth Solutions LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the first quarter. Avidian Wealth Solutions LLC now owns 16,990 shares of the company’s stock valued at $2,878,000 after acquiring an additional 108 shares during the period. TFB Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 8.1% in the first quarter. TFB Advisors LLC now owns 2,124 shares of the company’s stock valued at $341,000 after acquiring an additional 159 shares during the period. Smithbridge Asset Management Inc. DE boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 1st quarter. Smithbridge Asset Management Inc. DE now owns 5,980 shares of the company’s stock valued at $1,013,000 after purchasing an additional 99 shares in the last quarter. Finally, RIA Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $3,658,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

Shares of RSP traded up $1.35 during trading hours on Wednesday, reaching $165.07. 5,158,567 shares of the company traded hands, compared to its average volume of 5,978,537. The company’s fifty day moving average price is $164.99 and its two-hundred day moving average price is $162.46. The company has a market capitalization of $55.29 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80.

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).