Shepherd Financial Partners LLC Has $32.70 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Shepherd Financial Partners LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,634 shares of the company’s stock after selling 1,766 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 3.9% of Shepherd Financial Partners LLC’s holdings, making the stock its 6th biggest holding. Shepherd Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $32,704,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. SJS Investment Consulting Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $28,000. GHP Investment Advisors Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the period. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $29,000. Finally, Richardson Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

NYSEARCA:RSP opened at $180.22 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $156.16 and a twelve month high of $188.16. The company has a fifty day moving average of $179.77 and a 200-day moving average of $177.39. The firm has a market capitalization of $60.36 billion, a P/E ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).