Lane & Associates LLC Sells 3,131 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lane & Associates LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 52.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,889 shares of the company’s stock after selling 3,131 shares during the period. Lane & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $524,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Beta Wealth Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after purchasing an additional 150 shares during the last quarter. Sandy Cove Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $222,000. Strategic Financial Concepts LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 84.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after purchasing an additional 33,861 shares during the last quarter. Telos Capital Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 4.9% during the 4th quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock valued at $3,053,000 after purchasing an additional 808 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3 %

Shares of RSP stock opened at $182.38 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The company has a market capitalization of $61.09 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm has a 50-day moving average price of $178.98 and a 200 day moving average price of $178.23.

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).