ALM First Financial Advisors LLC Makes New $788,000 Investment in Invesco S&P 500 Equal Weight ETF $RSP

ALM First Financial Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,790 shares of the company’s stock, valued at approximately $788,000. Invesco S&P 500 Equal Weight ETF accounts for about 0.1% of ALM First Financial Advisors LLC’s holdings, making the stock its 21st largest holding.

Several other hedge funds also recently made changes to their positions in the business. Venture Visionary Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after buying an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $794,000. NewEdge Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 16.9% in the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after acquiring an additional 76,324 shares during the last quarter. Marino Stram & Associates LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.0% during the first quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock valued at $5,754,000 after purchasing an additional 2,465 shares during the last quarter. Finally, Prism Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the first quarter. Prism Advisors Inc. now owns 59,379 shares of the company’s stock valued at $11,396,000 after purchasing an additional 5,683 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2%

RSP stock traded down $0.37 during mid-day trading on Tuesday, reaching $212.82. The company had a trading volume of 4,553,748 shares, compared to its average volume of 11,989,995. The stock’s 50-day simple moving average is $216.30 and its two-hundred day simple moving average is $209.87. The stock has a market capitalization of $96.71 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.

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.