FFG Partners LLC Invests $892,000 in Invesco S&P 500 Equal Weight ETF $RSP

FFG Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 4,646 shares of the company’s stock, valued at approximately $892,000. Invesco S&P 500 Equal Weight ETF makes up about 0.4% of FFG Partners LLC’s holdings, making the stock its 28th largest position.

A number of other hedge funds also recently made changes to their positions in RSP. Cary Street Partners Investment Advisory LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares in the last quarter. Ballast Rock Private Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after purchasing an additional 51 shares in the last quarter. Pacific Point Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares during the period. Strategies Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after purchasing an additional 55 shares during the period. Finally, Battery Global Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after purchasing an additional 55 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $209.61 on Tuesday. The stock has a market cap of $90.43 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s fifty day moving average is $205.28 and its 200 day moving average is $199.68. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $214.30.

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.