Intrepid Financial Planning Group LLC Sells 1,161 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Intrepid Financial Planning Group LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,169 shares of the company’s stock after selling 1,161 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 3.0% of Intrepid Financial Planning Group LLC’s investment portfolio, making the stock its 8th largest holding. Intrepid Financial Planning Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after acquiring an additional 2,328,560 shares during the period. Strategic Financial Concepts LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $671,392,000. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after purchasing an additional 34,825 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after purchasing an additional 11,263 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $176.21 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $178.40. The stock has a market cap of $59.02 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a 50-day moving average of $170.76 and a 200-day moving average of $166.88.

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).