WealthShield Partners LLC Sells 2,527 Shares of Invesco S&P 500 Equal Weight ETF $RSP

WealthShield Partners LLC cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,150 shares of the company’s stock after selling 2,527 shares during the quarter. WealthShield Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,786,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in RSP. Advisors Management Group Inc. ADV boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the 1st quarter. Advisors Management Group Inc. ADV now owns 5,701 shares of the company’s stock worth $1,094,000 after buying an additional 256 shares during the last quarter. Granite Bay Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.6% in the first quarter. Granite Bay Wealth Management LLC now owns 182,040 shares of the company’s stock valued at $34,925,000 after acquiring an additional 6,408 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the first quarter. Sequoia Financial Advisors LLC now owns 150,025 shares of the company’s stock valued at $28,793,000 after acquiring an additional 3,813 shares during the last quarter. Summa Corp. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $239,000. Finally, Walled Lake Planning & Wealth Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 11.5% during the first quarter. Walled Lake Planning & Wealth Management LLC now owns 68,058 shares of the company’s stock worth $13,062,000 after acquiring an additional 7,024 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

RSP stock traded up $0.80 during midday trading on Friday, hitting $214.30. The company’s stock had a trading volume of 5,539,473 shares, compared to its average volume of 14,463,745. The stock’s 50-day moving average price is $208.58 and its 200 day moving average price is $201.64. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $216.37. The stock has a market cap of $95.63 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

Invesco S&P 500 Equal Weight ETF 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.