Retirement Planning Group LLC Acquires 12,328 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Retirement Planning Group LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 245.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,343 shares of the company’s stock after acquiring an additional 12,328 shares during the period. Retirement Planning Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,328,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $29,000. Hurley Capital LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $40,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $42,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $214.23 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37. The company has a fifty day moving average of $208.80 and a 200-day moving average of $201.85. The company has a market capitalization of $96.70 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.