Cape Investment Advisory Inc. Has $4.34 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cape Investment Advisory Inc. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 98.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,738 shares of the company’s stock after purchasing an additional 12,258 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.7% of Cape Investment Advisory Inc.’s investment portfolio, making the stock its 9th largest holding. Cape Investment Advisory Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,335,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in RSP. Pettinga Financial Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $529,000. Stephens Inc. AR grew its holdings in Invesco S&P 500 Equal Weight ETF by 26.8% during the 3rd quarter. Stephens Inc. AR now owns 63,496 shares of the company’s stock worth $11,376,000 after acquiring an additional 13,414 shares during the last quarter. Principal Securities Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 7.4% during the 3rd quarter. Principal Securities Inc. now owns 24,117 shares of the company’s stock worth $4,321,000 after acquiring an additional 1,666 shares during the last quarter. Hills Bank & Trust Co increased its position in Invesco S&P 500 Equal Weight ETF by 5.1% in the 3rd quarter. Hills Bank & Trust Co now owns 1,912 shares of the company’s stock valued at $343,000 after acquiring an additional 92 shares in the last quarter. Finally, Lowe Brockenbrough & Co. Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.8% in the third quarter. Lowe Brockenbrough & Co. Inc. now owns 112,906 shares of the company’s stock worth $20,228,000 after acquiring an additional 7,236 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1 %

Shares of RSP stock opened at $180.18 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The firm’s 50 day moving average is $179.15 and its 200-day moving average is $178.92. The firm has a market capitalization of $74.90 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

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).