Wealthcare Advisory Partners LLC Sells 22,673 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Wealthcare Advisory Partners LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,240 shares of the company’s stock after selling 22,673 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,605,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of RSP. Charis Legacy Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after acquiring an additional 49 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after purchasing an additional 51 shares in the last quarter. Ballast Rock Private Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 0.8% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock valued at $1,305,000 after purchasing an additional 51 shares during the last quarter. Boston Standard Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.7% during the 2nd quarter. Boston Standard Wealth Management LLC now owns 2,012 shares of the company’s stock valued at $431,000 after purchasing an additional 53 shares during the last quarter. Finally, SFM LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. SFM LLC now owns 4,443 shares of the company’s stock valued at $945,000 after purchasing an additional 53 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $220.22 on Tuesday. The firm has a market cap of $99.52 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $221.09. The firm has a 50-day simple moving average of $213.08 and a two-hundred day simple moving average of $204.67.

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). 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.