Lane & Associates LLC Decreases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lane & Associates LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 72.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,020 shares of the company’s stock after selling 15,705 shares during the period. Lane & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,079,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. GHP Investment Advisors Inc. raised its holdings in shares of 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 worth $29,000 after buying an additional 72 shares during the last quarter. Richardson Financial Services Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the last quarter. Bristlecone Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $33,000. Finally, Riggs Asset Managment Co. Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 146.7% during the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $185.53 on Friday. The firm has a fifty day moving average price of $179.66 and a 200 day moving average price of $171.95. Invesco S&P 500 Equal Weight ETF has a 1 year low of $146.09 and a 1 year high of $185.79. The stock has a market cap of $62.14 billion, a PE 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).