WealthShield Partners LLC Has $6.22 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

WealthShield Partners LLC decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.0% in the second quarter, Holdings Channel reports. The institutional investor owned 34,220 shares of the company’s stock after selling 1,068 shares during the quarter. WealthShield Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,219,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Total Clarity Wealth Management Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 25.4% in the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock valued at $782,000 after buying an additional 872 shares during the period. Strategic Family Wealth Counselors L.L.C. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after purchasing an additional 1,320 shares during the last quarter. Almanack Investment Partners LLC. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $1,545,000. Biltmore Family Office LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.7% during the first quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after purchasing an additional 11,477 shares during the period. Finally, Courage Miller Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the second quarter. Courage Miller Partners LLC now owns 58,208 shares of the company’s stock valued at $10,579,000 after buying an additional 1,816 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 Down 0.4%

RSP opened at $187.34 on Friday. The stock has a market capitalization of $72.46 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The company has a 50-day simple moving average of $188.84 and a 200 day simple moving average of $183.88.

About Invesco S&P 500 Equal Weight ETF

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).