Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Holdings Increased by Peak Financial Management Inc.

Peak Financial Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% during the 4th quarter, Holdings Channel reports. The fund owned 75,716 shares of the company’s stock after purchasing an additional 3,338 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 4.0% of Peak Financial Management Inc.’s investment portfolio, making the stock its 5th biggest position. Peak Financial Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Sandy Cove Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $222,000. Riversedge Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after buying an additional 7,883 shares during the last quarter. Blue Trust Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after buying an additional 173 shares in the last quarter. Brightwater Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $3,227,000. Finally, Montis Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 61.3% during the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after buying an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $182.19 on Monday. Invesco S&P 500 Equal Weight ETF has a one year low of $155.79 and a one year high of $188.16. The company has a market cap of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The business’s 50-day simple moving average is $180.39 and its 200-day simple moving average is $176.66.

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).