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

Tranquility Partners LLC reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,840 shares of the company’s stock after selling 1,882 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.0% of Tranquility Partners LLC’s portfolio, 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.

Other large investors also recently modified their holdings of the company. SJS Investment Consulting Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $26,000. Salem Investment Counselors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $26,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Core Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $38,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $44,000.

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

Invesco S&P 500 Equal Weight ETF stock traded down $0.33 during trading hours on Wednesday, hitting $159.36. 8,055,502 shares of the company traded hands, compared to its average volume of 6,657,381. The firm has a market cap of $54.11 billion, a P/E ratio of 20.43 and a beta of 0.93. The firm’s 50-day simple moving average is $163.79 and its two-hundred day simple moving average is $154.04. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80.

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).