Lane & Associates LLC Has $524,000 Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lane & Associates LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 52.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,889 shares of the company’s stock after selling 3,131 shares during the quarter. 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 Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Alpha Financial Partners LLC increased its position in Invesco S&P 500 Equal Weight ETF by 42.3% in the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock valued at $905,000 after acquiring an additional 1,502 shares in the last quarter. Blue Trust Inc. grew its position in shares of 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 worth $100,000 after buying an additional 173 shares during the period. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. BLB&B Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $204,000. Finally, Monte Financial Group LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the 3rd quarter. Monte Financial Group LLC now owns 5,405 shares of the company’s stock worth $968,000 after buying an additional 136 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $182.38 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company has a 50 day moving average of $178.98 and a 200-day moving average of $178.23. The stock has a market cap of $61.09 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).