Pacific Sun Financial Corp Invests $278,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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Pacific Sun Financial Corp bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,575 shares of the company’s stock, valued at approximately $278,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.1% in the first quarter. JPMorgan Chase & Co. now owns 434,846 shares of the company’s stock worth $45,415,000 after acquiring an additional 63,526 shares during the last quarter. FormulaFolio Investments LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 33.0% during the first quarter. FormulaFolio Investments LLC now owns 6,711 shares of the company’s stock valued at $701,000 after buying an additional 1,665 shares during the last quarter. Keybank National Association OH boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the first quarter. Keybank National Association OH now owns 19,957 shares of the company’s stock valued at $2,084,000 after buying an additional 2,500 shares during the last quarter. Abbrea Capital LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the first quarter. Abbrea Capital LLC now owns 61,952 shares of the company’s stock valued at $6,470,000 after buying an additional 1,660 shares during the last quarter. Finally, Greenleaf Trust boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the first quarter. Greenleaf Trust now owns 15,876 shares of the company’s stock valued at $1,658,000 after buying an additional 374 shares during the last quarter.

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.24 during trading on Wednesday, hitting $109.55. 1,533 shares of the company’s stock traded hands, compared to its average volume of 748,705. Invesco S&P 500 Equal Weight ETF has a 1 year low of $85.76 and a 1 year high of $110.25. The business has a 50-day simple moving average of $105.96 and a 200-day simple moving average of $106.03.

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

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