Nope. Everyone who attends the ceremony (or engagement party, bridal shower, or rehearsal dinner) should also be invited to the wedding — that means the ceremony AND the reception. Inviting guests to one and not the other basically says you want them there for the actual ceremony but you either don’t want to pay for their plate at your party or don’t care enough to have them there to actually celebrate your newly-married status.
The same goes for save the dates. Everyone who gets one of those also gets an invitation to the wedding.