Tranquility Partners LLC Trims Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Tranquility Partners LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,569 shares of the company’s stock after selling 318 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 0.9% of Tranquility Partners LLC’s portfolio, making the stock its 24th biggest position. Tranquility Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,466,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $83,931,000. Bison Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares in the last quarter. Rhumbline Advisers grew its position in Invesco S&P 500 Equal Weight ETF by 6.1% in the 1st quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after acquiring an additional 873 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Invesco S&P 500 Equal Weight ETF by 21.9% in the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock valued at $474,000 after acquiring an additional 492 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $185.12 on Friday. The company has a market cap of $72.28 billion, a P/E ratio of 20.10 and a beta of 1.05. The stock has a 50-day moving average of $187.69 and a two-hundred day moving average of $179.67. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30.

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).