Peddock Capital Advisors LLC Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Peddock Capital Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 45,673 shares of the company’s stock after purchasing an additional 3,241 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.2% of Peddock Capital Advisors LLC’s holdings, making the stock its 9th largest holding. Peddock Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,207,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $4,965,000. Apollon Wealth Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 9.8% in the 4th quarter. Apollon Wealth Management LLC now owns 26,724 shares of the company’s stock worth $4,217,000 after acquiring an additional 2,379 shares during the period. Lincoln National Corp grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.4% during the 4th quarter. Lincoln National Corp now owns 82,674 shares of the company’s stock worth $13,046,000 after purchasing an additional 14,009 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.3% during the fourth quarter. Private Advisor Group LLC now owns 540,932 shares of the company’s stock valued at $85,359,000 after purchasing an additional 12,074 shares during the period. Finally, Summit Trail Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the fourth quarter. Summit Trail Advisors LLC now owns 545,519 shares of the company’s stock valued at $86,083,000 after purchasing an additional 47,327 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.04 during trading on Wednesday, hitting $164.46. 1,912,194 shares of the company’s stock traded hands, compared to its average volume of 6,504,427. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The company has a market cap of $55.08 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s fifty day moving average price is $164.35 and its 200 day moving average price is $156.32.

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).