Parisi Gray Wealth Management Has $1.31 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Parisi Gray Wealth Management decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.6% during the 1st quarter, HoldingsChannel reports. The fund owned 12,513 shares of the company’s stock after selling 747 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 0.8% of Parisi Gray Wealth Management’s portfolio, making the stock its 28th biggest holding. Parisi Gray Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,307,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GYL Financial Synergies LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 285.3% in the 1st quarter. GYL Financial Synergies LLC now owns 32,395 shares of the company’s stock valued at $3,383,000 after purchasing an additional 23,988 shares during the last quarter. Northeast Financial Consultants Inc bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $310,000. Archford Capital Strategies LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $71,000. Financial Advisory Group lifted its stake in Invesco S&P 500 Equal Weight ETF by 4.6% in the 1st quarter. Financial Advisory Group now owns 32,949 shares of the company’s stock valued at $3,441,000 after purchasing an additional 1,436 shares during the last quarter. Finally, GFS Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 71.3% in the 1st quarter. GFS Advisors LLC now owns 14,240 shares of the company’s stock valued at $1,487,000 after purchasing an additional 5,928 shares during the last quarter.

NYSEARCA:RSP traded down $0.47 on Friday, hitting $105.80. The company had a trading volume of 3,187 shares, compared to its average volume of 875,077. 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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