Financial Guidance Group Inc. Acquires 2,851 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Financial Guidance Group Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,750 shares of the company’s stock after buying an additional 2,851 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 2.7% of Financial Guidance Group Inc.’s investment portfolio, making the stock its 9th largest holding. Financial Guidance Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,023,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. B.O.S.S. Retirement Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 15.6% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 1,313 shares of the company’s stock worth $249,000 after acquiring an additional 177 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 26.5% during the third quarter. Smartleaf Asset Management LLC now owns 535 shares of the company’s stock worth $101,000 after purchasing an additional 112 shares during the last quarter. Moloney Securities Asset Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.2% in the third quarter. Moloney Securities Asset Management LLC now owns 18,913 shares of the company’s stock worth $3,588,000 after purchasing an additional 216 shares in the last quarter. Spinnaker Trust increased its holdings in Invesco S&P 500 Equal Weight ETF by 12.0% in the third quarter. Spinnaker Trust now owns 11,772 shares of the company’s stock valued at $2,233,000 after buying an additional 1,265 shares during the last quarter. Finally, Ceera Investments LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 241.0% in the third quarter. Ceera Investments LLC now owns 16,272 shares of the company’s stock valued at $3,087,000 after buying an additional 11,500 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.9%

NYSEARCA:RSP opened at $202.26 on Friday. The business’s 50 day moving average is $195.39 and its two-hundred day moving average is $190.40. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $202.49. The company has a market cap of $83.88 billion, a PE ratio of 20.10 and a beta of 0.99.

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.