Lathrop Investment Management Corp Buys 420 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lathrop Investment Management Corp lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,645 shares of the company’s stock after acquiring an additional 420 shares during the quarter. Lathrop Investment Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $474,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after buying an additional 6,352,369 shares during the last quarter. US Bancorp DE raised its position in Invesco S&P 500 Equal Weight ETF by 2,150.4% in the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after acquiring an additional 1,990,537 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Invesco S&P 500 Equal Weight ETF by 174.6% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after acquiring an additional 1,488,000 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1,276.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock valued at $124,552,000 after acquiring an additional 703,098 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.3 %

Shares of RSP stock opened at $184.08 on Friday. The firm has a market cap of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a 50 day moving average of $179.45 and a 200-day moving average of $171.75. Invesco S&P 500 Equal Weight ETF has a 12-month low of $146.01 and a 12-month high of $185.79.

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).