Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 38.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,001 shares of the company’s stock after selling 20,796 shares during the quarter. Lake Street Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,513,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after buying an additional 635,369 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after buying an additional 589,365 shares during the period. Phoenix Financial Ltd. raised its holdings in Invesco S&P 500 Equal Weight ETF by 13.8% in the third quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after acquiring an additional 214,432 shares in the last quarter. Cerity Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after acquiring an additional 54,925 shares in the last quarter. Finally, North Peak Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 227.3% in the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after acquiring an additional 2,453,262 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5%

NYSEARCA RSP opened at $190.48 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The stock has a market capitalization of $78.99 billion, a PE ratio of 20.10 and a beta of 0.99. The firm has a 50 day moving average of $199.62 and a two-hundred day moving average of $193.35.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.