Invesco S&P 500 Equal Weight ETF $RSP is Csenge Advisory Group’s 3rd Largest Position

Csenge Advisory Group trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 555,790 shares of the company’s stock after selling 39,704 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 5.0% of Csenge Advisory Group’s portfolio, making the stock its 3rd biggest position. Csenge Advisory Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $105,433,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $83,931,000. Bison Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $11,553,000. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.6% in the 2nd quarter. Exchange Traded Concepts LLC now owns 8,707 shares of the company’s stock valued at $1,582,000 after purchasing an additional 1,107 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

NYSEARCA:RSP opened at $199.05 on Friday. The company has a market capitalization of $79.29 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $200.10. The stock’s 50 day moving average price is $191.98 and its 200 day moving average price is $188.82.

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.