GYL Financial Synergies LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 285.3% during the first quarter, Holdings Channel reports. The institutional investor owned 32,395 shares of the company’s stock after buying an additional 23,988 shares during the quarter. GYL Financial Synergies LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,383,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the business. Sanchez Wealth Management Group raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.7% during the first quarter. Sanchez Wealth Management Group now owns 83,439 shares of the company’s stock valued at $8,714,000 after purchasing an additional 569 shares in the last quarter. Triangle Securities Wealth Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.4% during the first quarter. Triangle Securities Wealth Management now owns 7,942 shares of the company’s stock valued at $829,000 after purchasing an additional 999 shares in the last quarter. Advisory Resource Group bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $443,000. PFG Advisors raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 527.6% during the fourth quarter. PFG Advisors now owns 15,785 shares of the company’s stock valued at $1,617,000 after purchasing an additional 13,270 shares in the last quarter. Finally, Neuburgh Advisers LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $264,000.

Shares of NYSEARCA RSP traded down $0.12 during midday trading on Wednesday, reaching $105.66. 1,271,176 shares of the company traded hands, compared to its average volume of 864,618. Invesco S&P 500 Equal Weight ETF has a 52 week low of $85.76 and a 52 week high of $108.89.

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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).

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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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