Global Retirement Partners LLC Has $10.14 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Global Retirement Partners LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.3% during the fourth quarter, HoldingsChannel reports. The fund owned 57,875 shares of the company’s stock after selling 2,617 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,141,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Beta Wealth Group Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares during the period. Sandy Cove Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $222,000. Strategic Financial Concepts LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after acquiring an additional 33,861 shares during the period. Telos Capital Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 4.9% during the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock valued at $3,053,000 after acquiring an additional 808 shares during the period. Finally, Blue Trust Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% in the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after acquiring an additional 173 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

Shares of NYSEARCA:RSP opened at $182.47 on Wednesday. The firm has a market capitalization of $61.12 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The business’s 50 day moving average is $179.01 and its 200-day moving average is $178.06.

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).