Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Lessened by Partnership Wealth Management LLC

Partnership Wealth Management LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,379 shares of the company’s stock after selling 10,023 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 3.3% of Partnership Wealth Management LLC’s holdings, making the stock its 8th biggest position. Partnership Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,726,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 48.9% in the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd 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 in the last quarter. LPL Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF by 0.9% during the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after purchasing an additional 34,825 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd 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 in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

NYSEARCA:RSP opened at $177.62 on Wednesday. The company has a market capitalization of $59.49 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $179.94. The firm has a fifty day simple moving average of $173.21 and a 200-day simple moving average of $168.12.

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).