Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,901 shares of the company’s stock after selling 283 shares during the period. Investment Planning Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $709,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Nova Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $26,000. Richardson Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $30,000. OLD Second National Bank of Aurora acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $31,000. Finally, Howe & Rusling Inc. grew its holdings in 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 worth $33,000 after acquiring an additional 124 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.2%

NYSEARCA RSP opened at $190.58 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $190.95. The stock has a market capitalization of $75.55 billion, a PE ratio of 20.10 and a beta of 1.05. The firm has a 50 day moving average of $187.15 and a two-hundred day moving average of $179.02.

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).