Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Retirement Planning Group LLC

Retirement Planning Group LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 115.0% during the 4th quarter, Holdings Channel reports. The firm owned 6,841 shares of the company’s stock after buying an additional 3,659 shares during the quarter. Retirement Planning Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,199,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Beta Wealth Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after purchasing an additional 150 shares during the period. Tidemark LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 31.4% in the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after acquiring an additional 103 shares during the last quarter. Ceera Investments LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $267,000. Permanent Capital Management LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $25,956,000. Finally, Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 84.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after acquiring an additional 33,861 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $175.03 on Friday. The business’s 50 day moving average price is $169.41 and its 200-day moving average price is $176.37. The firm has a market capitalization of $71.73 billion, a PE ratio of 20.59 and a beta of 1.00. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16.

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).