Investment Planning Advisors Inc. Sells 73,855 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Investment Planning Advisors Inc. cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 91.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,192 shares of the company’s stock after selling 73,855 shares during the quarter. Investment Planning Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,380,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Brighton Jones LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $83,931,000. Bison Wealth LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $279,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $213.05 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $214.30. The firm has a market cap of $91.91 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The company has a fifty day moving average price of $206.45 and a 200-day moving average price of $200.37.

Invesco S&P 500 Equal Weight ETF Company 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.