Lake Street Private Wealth LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lake Street Private Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 116.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,160 shares of the company’s stock after buying an additional 30,234 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 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.

Other large investors have also recently added to or reduced their stakes in the company. Riversedge Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 6.7% during the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after buying an additional 7,883 shares in the last quarter. Blue Trust Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares in the last quarter. Brightwater Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $3,227,000. Montis Financial LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock worth $23,455,000 after purchasing an additional 2,206 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $180.04 on Friday. The company has a market cap of $60.30 billion, a PE ratio of 20.44 and a beta of 0.90. The company has a 50-day simple moving average of $180.54 and a 200-day simple moving average of $175.95. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 and a 12 month high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).