Lcnb Corp Has $681,000 Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Lcnb Corp reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 76.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,591 shares of the company’s stock after selling 11,593 shares during the quarter. Lcnb Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Investment Counsel Co. of Nevada acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $29,000. Tompkins Financial Corp acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $32,000. IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $33,000. Cloud Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $35,000. Finally, GoalVest Advisory LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $34,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $201.85 on Tuesday. The firm has a market cap of $83.71 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s 50-day simple moving average is $197.77 and its 200-day simple moving average is $191.82. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24.

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). 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.