Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Tranquility Partners LLC

Tranquility Partners LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,569 shares of the company’s stock after selling 318 shares during the quarter. 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock worth $4,080,267,000 after buying an additional 396,957 shares in the last quarter. Invesco Ltd. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after buying an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after buying an additional 6,254,609 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 20.5% during the first quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after purchasing an additional 894,245 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 26.8% during the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after purchasing an additional 1,069,297 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 2.3%

RSP stock opened at $185.12 on Friday. The business has a 50 day moving average price of $187.69 and a 200 day moving average price of $179.67. The stock has a market cap of $72.28 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week 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).