Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 72.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,153 shares of the company’s stock after selling 21,558 shares during the period. WealthPLAN Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,339,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. JPMorgan Chase & Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares during the period. Balyasny Asset Management L.P. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $671,392,000. LPL Financial LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after purchasing an additional 34,825 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after purchasing an additional 11,263 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7 %

RSP stock opened at $176.28 on Tuesday. The business’s 50-day moving average is $170.28 and its 200 day moving average is $166.72. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $176.59. The stock has a market cap of $59.04 billion, a price-to-earnings 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).