Wealthcare Advisory Partners LLC Sells 22,673 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Wealthcare Advisory Partners LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 59,240 shares of the company’s stock after selling 22,673 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,605,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brandywine Financial Group grew its stake in Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $29,000. Hurley Capital LLC boosted its holdings 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. Asset Dedication LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $36,000. Finally, Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $40,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $220.22 on Tuesday. The firm’s 50-day moving average price is $213.08 and its 200-day moving average price is $204.67. The company has a market capitalization of $99.52 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $221.09.

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.