Retirement Planning Group LLC Purchases 18,415 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Retirement Planning Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 18,415 shares of the company’s stock, valued at approximately $3,831,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Venture Visionary Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after purchasing an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $794,000. NewEdge Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.9% in the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after purchasing an additional 76,324 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $2,939,000. Finally, Corient Private Wealth LP boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after buying an additional 58,956 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

Shares of NYSEARCA:RSP opened at $213.40 on Tuesday. The business’s 50 day moving average is $215.68 and its 200 day moving average is $210.69. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The stock has a market cap of $98.62 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.