WealthPLAN Partners LLC Has $1.67 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

WealthPLAN Partners LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.0% in the third quarter, HoldingsChannel reports. The firm owned 9,296 shares of the company’s stock after acquiring an additional 1,143 shares during the period. WealthPLAN Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,665,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $687,000. Verus Capital Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.8% during the first quarter. Verus Capital Partners LLC now owns 1,516 shares of the company’s stock worth $257,000 after purchasing an additional 196 shares during the period. QRG Capital Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 26.7% in the 1st quarter. QRG Capital Management Inc. now owns 3,007 shares of the company’s stock valued at $509,000 after buying an additional 633 shares during the period. US Bancorp DE lifted its position in Invesco S&P 500 Equal Weight ETF by 50.6% in the 1st quarter. US Bancorp DE now owns 92,566 shares of the company’s stock worth $15,678,000 after buying an additional 31,106 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 34.7% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 96,382 shares of the company’s stock valued at $16,324,000 after buying an additional 24,831 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

RSP opened at $185.02 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $140.06 and a 1 year high of $185.79. The stock has a fifty day moving average price of $177.68 and a 200 day moving average price of $170.58. The stock has a market cap of $61.97 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).