Retirement Planning Group LLC Acquires 12,328 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Retirement Planning Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 245.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,343 shares of the company’s stock after acquiring an additional 12,328 shares during the quarter. Retirement Planning Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,328,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in RSP. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Nalls Sherbakoff Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Hurley Capital LLC grew its position in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the last quarter. Basepoint Wealth LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $40,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $214.23 on Tuesday. The company has a market capitalization of $96.70 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37. The stock has a 50 day moving average price of $208.80 and a two-hundred day moving average price of $201.85.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.