Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Tranquility Partners LLC

Tranquility Partners LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,840 shares of the company’s stock after selling 1,882 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.0% of Tranquility Partners LLC’s holdings, making the stock its 22nd largest holding. Tranquility Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,500,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Morgan Stanley raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares during the period. Moneta Group Investment Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 104,839.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after purchasing an additional 7,948,942 shares during the period. Truist Financial Corp lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock worth $1,107,273,000 after purchasing an additional 112,526 shares in the last quarter. UBS Group AG lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 17.4% during the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock worth $842,867,000 after purchasing an additional 880,506 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.6% in the third quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock valued at $640,586,000 after purchasing an additional 609,306 shares during the period.

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

RSP stock traded down $0.33 during midday trading on Wednesday, hitting $159.36. The company’s stock had a trading volume of 8,055,502 shares, compared to its average volume of 6,657,381. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The firm has a market capitalization of $54.11 billion, a P/E ratio of 20.43 and a beta of 0.93. The firm has a 50-day simple moving average of $163.79 and a 200-day simple moving average of $154.04.

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).