Intrepid Financial Planning Group LLC Has $7.05 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Intrepid Financial Planning Group LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% during the 2nd quarter, Holdings Channel reports. The firm owned 38,766 shares of the company’s stock after selling 454 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 3.0% of Intrepid Financial Planning Group LLC’s holdings, making the stock its 8th biggest holding. Intrepid Financial Planning Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,045,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $26,000. Howe & Rusling Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 124 shares during the period. GoalVest Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $34,000. Finally, Hanson & Doremus Investment Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 30.5% during the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after purchasing an additional 72 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $184.99 on Wednesday. The company has a 50 day moving average price of $188.72 and a two-hundred day moving average price of $184.29. The company has a market capitalization of $71.56 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.33.

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).