CFO4Life Group LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CFO4Life Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,173 shares of the company’s stock, valued at approximately $368,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of RSP. UBS Group AG boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 4th quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after acquiring an additional 90,811 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $860,010,000. Balyasny Asset Management L.P. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $671,392,000. Cresset Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 7.0% during the 4th quarter. Cresset Asset Management LLC now owns 2,879,877 shares of the company’s stock valued at $454,445,000 after acquiring an additional 188,443 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.8% during the 4th quarter. Sei Investments Co. now owns 2,370,675 shares of the company’s stock valued at $374,095,000 after acquiring an additional 41,003 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $2.16 during trading on Friday, hitting $169.22. 8,847,183 shares of the company’s stock traded hands, compared to its average volume of 6,037,350. The firm’s fifty day moving average price is $165.10 and its 200 day moving average price is $162.49. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The company has a market cap of $56.68 billion, a PE ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).