Frisch Financial Group Inc. Lowers Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Frisch Financial Group Inc. decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 122,499 shares of the company’s stock after selling 901 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 6.6% of Frisch Financial Group Inc.’s portfolio, making the stock its 2nd biggest holding. Frisch Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,947,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wedmont Private Capital increased its holdings in Invesco S&P 500 Equal Weight ETF by 5.4% in the 2nd quarter. Wedmont Private Capital now owns 2,516 shares of the company’s stock worth $424,000 after acquiring an additional 128 shares during the last quarter. Great Valley Advisor Group Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 22.7% during the second quarter. Great Valley Advisor Group Inc. now owns 29,572 shares of the company’s stock worth $4,858,000 after purchasing an additional 5,472 shares during the period. ORG Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $242,000. Sky Investment Group LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 77.9% in the second quarter. Sky Investment Group LLC now owns 2,295 shares of the company’s stock valued at $377,000 after purchasing an additional 1,005 shares during the period. Finally, Key Client Fiduciary Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.9% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 4,456 shares of the company’s stock valued at $732,000 after buying an additional 168 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

RSP opened at $184.43 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.68 and a 12 month high of $188.16. The company has a market cap of $61.77 billion, a PE ratio of 20.44 and a beta of 0.90. The company has a 50 day moving average of $181.61 and a 200 day moving average of $173.51.

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).