WealthPLAN Partners LLC Purchases 1,046 Shares of Invesco S&P 500 Equal Weight ETF $RSP

WealthPLAN Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,546 shares of the company’s stock after acquiring an additional 1,046 shares during the quarter. WealthPLAN Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,462,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nova Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $26,000. Richardson Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $30,000. OLD Second National Bank of Aurora bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $31,000. Finally, Howe & Rusling Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

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

Shares of NYSEARCA:RSP opened at $188.85 on Thursday. The stock’s 50-day moving average price is $187.97 and its 200-day moving average price is $179.93. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30. The stock has a market capitalization of $73.19 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).