WealthPlan Investment Management LLC Sells 5,327 Shares of Invesco S&P 500 Equal Weight ETF $RSP

WealthPlan Investment Management LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,286 shares of the company’s stock after selling 5,327 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after purchasing an additional 3,567,441 shares during the period. Invesco Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 4.6% during the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after buying an additional 444,846 shares during the period. State of Wisconsin Investment Board grew its position in Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after buying an additional 1,060,181 shares during the period. BlueCrest Capital Management Ltd bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $400,736,000. Finally, Clal Insurance Enterprises Holdings Ltd increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after buying an additional 60,000 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0%

RSP stock traded up $2.08 during midday trading on Thursday, reaching $214.17. 8,098,023 shares of the company’s stock traded hands, compared to its average volume of 11,965,803. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The stock has a market cap of $98.30 billion, a P/E ratio of 20.10 and a beta of 0.92. The stock’s 50-day moving average is $216.01 and its 200 day moving average is $210.16.

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.