Mark Sheptoff Financial Planning LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mark Sheptoff Financial Planning LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 8,325 shares of the company’s stock after selling 1,974 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.8% of Mark Sheptoff Financial Planning LLC’s holdings, making the stock its 26th biggest position. Mark Sheptoff Financial Planning LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,368,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $4,965,000. Great Lakes Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $200,000. TrinityPoint Wealth LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.9% in the 4th quarter. TrinityPoint Wealth LLC now owns 5,647 shares of the company’s stock worth $891,000 after purchasing an additional 210 shares in the last quarter. Clearbridge Investments LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $929,000. Finally, Corient Private Wealth LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 27.2% during the fourth quarter. Corient Private Wealth LLC now owns 107,526 shares of the company’s stock valued at $16,968,000 after purchasing an additional 23,017 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2 %

Shares of RSP stock opened at $176.21 on Thursday. The stock has a market capitalization of $59.02 billion, a price-to-earnings 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 $178.40. The stock’s 50-day moving average price is $170.76 and its 200-day moving average price is $166.88.

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).