Tranquility Partners LLC Sells 221 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tranquility Partners LLC lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 13,870 shares of the company’s stock after selling 221 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.9% of Tranquility Partners LLC’s holdings, making the stock its 25th largest position. Tranquility Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,431,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hemington Wealth Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 84.0% during the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares during the period. Ingalls & Snyder LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after acquiring an additional 58 shares during the period. Consolidated Planning Corp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 170.9% during the fourth quarter. Consolidated Planning Corp now owns 6,445 shares of the company’s stock worth $1,129,000 after acquiring an additional 4,066 shares during the period. Raab & Moskowitz Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.6% during the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 60,203 shares of the company’s stock worth $10,549,000 after acquiring an additional 7,667 shares during the period. Finally, Hidden Cove Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $687,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6 %

Shares of NYSEARCA:RSP opened at $179.70 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.16 and a 12-month high of $188.16. The stock has a market cap of $60.19 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a 50 day moving average of $179.38 and a 200-day moving average of $177.77.

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).