Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 116.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,160 shares of the company’s stock after purchasing an additional 30,234 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.6% of Lake Street Private Wealth LLC’s holdings, making the stock its 11th largest position. Lake Street Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,841,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in RSP. Atwater Malick LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $467,000. Sax Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 60.7% in the fourth quarter. Sax Wealth Advisors LLC now owns 6,490 shares of the company’s stock valued at $1,137,000 after acquiring an additional 2,452 shares during the period. Merit Financial Group LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 11.3% during the 4th quarter. Merit Financial Group LLC now owns 8,623 shares of the company’s stock worth $1,511,000 after purchasing an additional 875 shares in the last quarter. Saxon Interests Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 40.7% during the 4th quarter. Saxon Interests Inc. now owns 1,779 shares of the company’s stock worth $312,000 after purchasing an additional 515 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 28.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 80,785 shares of the company’s stock valued at $14,156,000 after purchasing an additional 17,648 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5 %

RSP stock opened at $180.04 on Friday. The company’s 50-day moving average price is $180.54 and its 200 day moving average price is $175.95. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.16 and a 52 week high of $188.16. The company has a market cap of $60.30 billion, a P/E 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).