Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Lantern Wealth Advisors LLC

Lantern Wealth Advisors LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.3% in the 4th quarter, HoldingsChannel reports. The fund owned 38,206 shares of the company’s stock after selling 2,550 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 4.4% of Lantern Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Lantern Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,695,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC raised its stake in Invesco S&P 500 Equal Weight ETF by 10.5% during the third quarter. Barclays PLC now owns 649,104 shares of the company’s stock worth $116,294,000 after acquiring an additional 61,928 shares in the last quarter. Merit Financial Group LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 11.3% during the fourth quarter. Merit Financial Group LLC now owns 8,623 shares of the company’s stock worth $1,511,000 after buying an additional 875 shares during the period. Sanibel Captiva Trust Company Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $329,000. Trust Co. of Vermont raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.8% during the fourth quarter. Trust Co. of Vermont now owns 2,207 shares of the company’s stock valued at $387,000 after purchasing an additional 178 shares during the period. Finally, Kaydan Wealth Management Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 24.1% during the fourth quarter. Kaydan Wealth Management Inc. now owns 184,338 shares of the company’s stock valued at $32,302,000 after acquiring an additional 35,794 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.0%

Invesco S&P 500 Equal Weight ETF stock opened at $179.97 on Tuesday. The firm has a market capitalization of $73.75 billion, a price-to-earnings ratio of 20.59 and a beta of 1.00. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The firm’s fifty day moving average price is $169.15 and its two-hundred day moving average price is $176.36.

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).