Global Retirement Partners LLC Sells 2,617 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Global Retirement Partners LLC reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,875 shares of the company’s stock after selling 2,617 shares during the period. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,141,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SJS Investment Consulting Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the period. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. Richardson Financial Services Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the last quarter. Finally, GHP Investment Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $182.47 on Wednesday. The company has a market capitalization of $61.12 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company’s fifty day moving average price is $179.01 and its 200 day moving average price is $178.06.

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).