WealthPLAN Partners LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

WealthPLAN Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% in the fourth quarter, Holdings Channel reports. The fund owned 9,730 shares of the company’s stock after buying an additional 434 shares during the period. WealthPLAN Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,705,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Alpha Financial Partners LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 42.3% during the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after buying an additional 1,502 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $163,000. Vontobel Holding Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 27.8% during the 3rd quarter. Vontobel Holding Ltd. now owns 16,904 shares of the company’s stock worth $3,029,000 after acquiring an additional 3,679 shares during the period. Optimum Investment Advisors boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 93.0% during the 3rd quarter. Optimum Investment Advisors now owns 6,359 shares of the company’s stock valued at $1,139,000 after acquiring an additional 3,065 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the third quarter. Bleakley Financial Group LLC now owns 63,472 shares of the company’s stock valued at $11,372,000 after purchasing an additional 815 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

Invesco S&P 500 Equal Weight ETF stock opened at $181.08 on Friday. The stock has a market cap of $60.65 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a 50-day moving average price of $179.16 and a 200 day moving average price of $177.80. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).