Retirement Planning Group LLC Sells 209 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Retirement Planning Group LLC reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 5,657 shares of the company’s stock after selling 209 shares during the quarter. Retirement Planning Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,028,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RSP. Nova Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $26,000. Richardson Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $30,000. Howe & Rusling Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 124 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $37,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $189.84 on Thursday. The company has a market capitalization of $73.15 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.30. The stock has a 50 day moving average price of $188.47 and a 200-day moving average price of $180.62.

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).