Lake Street Advisors Group LLC Trims Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lake Street Advisors Group LLC reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,198 shares of the company’s stock after selling 689 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $215,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. SteelPeak Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 37.0% in the first quarter. SteelPeak Wealth LLC now owns 4,828 shares of the company’s stock worth $818,000 after buying an additional 1,303 shares in the last quarter. Panoramic Investment Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 20.0% in the 1st quarter. Panoramic Investment Advisors LLC now owns 3,210 shares of the company’s stock worth $544,000 after buying an additional 535 shares during the last quarter. Woodmont Investment Counsel LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $178,000. Capital Advisors Ltd. LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Capital Advisors Ltd. LLC now owns 84,428 shares of the company’s stock valued at $14,300,000 after acquiring an additional 2,049 shares during the last quarter. Finally, Buffington Mohr McNeal grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 43.2% in the first quarter. Buffington Mohr McNeal now owns 37,913 shares of the company’s stock worth $6,421,000 after acquiring an additional 11,437 shares during the period.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $178.11 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $182.22. The company’s 50 day moving average is $176.50 and its 200 day moving average is $169.29. The company has a market cap of $59.66 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).