Lake Street Private Wealth LLC Sells 2,670 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lake Street Private Wealth LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,926 shares of the company’s stock after selling 2,670 shares during the period. Lake Street Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,645,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Fairman Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $27,000. DHJJ Financial Advisors Ltd. lifted its stake in Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Creekmur Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares during the last quarter. Finally, Central Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $36,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP traded down $0.57 during mid-day trading on Wednesday, reaching $178.94. 1,676,317 shares of the company’s stock traded hands, compared to its average volume of 6,074,721. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22. The firm has a market capitalization of $59.93 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50 day moving average price of $175.97 and a 200-day moving average price of $169.03.

Invesco S&P 500 Equal Weight ETF 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).