Lane & Associates LLC Cuts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lane & Associates LLC decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 72.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,020 shares of the company’s stock after selling 15,705 shares during the quarter. Lane & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,079,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of RSP. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Richardson Financial Services Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its position 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 acquiring an additional 100 shares during the last quarter. Finally, Creekmur Asset Management LLC boosted its position 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 acquiring an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

RSP opened at $185.53 on Friday. The firm has a market capitalization of $62.14 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $146.09 and a twelve month high of $185.79. The firm’s 50-day moving average price is $179.66 and its 200 day moving average price is $171.95.

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).