Peak Planning Group LLC Buys Shares of 13,706 Invesco S&P 500 Equal Weight ETF $RSP

Peak Planning Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 13,706 shares of the company’s stock, valued at approximately $2,626,000. Invesco S&P 500 Equal Weight ETF makes up approximately 0.7% of Peak Planning Group LLC’s portfolio, making the stock its 25th biggest holding.

Other institutional investors also recently bought and sold shares of the company. Storgate LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $422,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $1,343,000. Gator Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.8% during the fourth quarter. Gator Capital Management LLC now owns 22,569 shares of the company’s stock worth $4,323,000 after buying an additional 407 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $306,496,000. Finally, Tudor Financial Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the fourth quarter. Tudor Financial Inc. now owns 12,791 shares of the company’s stock worth $2,450,000 after buying an additional 185 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $211.65 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $212.12. The company has a market cap of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91. The business has a 50-day simple moving average of $203.40 and a 200-day simple moving average of $198.74.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.