Valeo Financial Advisors LLC Grows Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Valeo Financial Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 10.5% in the second quarter, Holdings Channel reports. The institutional investor owned 719,108 shares of the company’s stock after buying an additional 68,079 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.8% of Valeo Financial Advisors LLC’s holdings, making the stock its 6th largest position. Valeo Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $130,691,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in RSP. Realta Investment Advisors increased its position in Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after acquiring an additional 55 shares during the period. Fusion Capital LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after purchasing an additional 56 shares during the period. Signature Estate & Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock worth $1,000,000 after purchasing an additional 64 shares during the last quarter. Ehrlich Financial Group increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% in the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after purchasing an additional 65 shares during the period. Finally, Samalin Investment Counsel LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% in the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock valued at $1,295,000 after purchasing an additional 67 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 0.7%

Shares of NYSEARCA:RSP opened at $193.41 on Monday. The firm has a market cap of $74.81 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $195.47. The business has a fifty day simple moving average of $189.04 and a 200 day simple moving average of $186.11.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).

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