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

Peak Planning Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,706 shares of the company’s stock, valued at approximately $2,626,000. Invesco S&P 500 Equal Weight ETF comprises 0.7% of Peak Planning Group LLC’s holdings, making the stock its 25th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Storgate LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $422,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $1,343,000. Gator Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.8% in the fourth quarter. Gator Capital Management LLC now owns 22,569 shares of the company’s stock valued at $4,323,000 after buying an additional 407 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $306,496,000. Finally, Tudor Financial Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the fourth quarter. Tudor Financial Inc. now owns 12,791 shares of the company’s stock valued at $2,450,000 after buying an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9%

Shares of NYSEARCA RSP opened at $211.65 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $212.12. The stock has a 50 day moving average of $203.40 and a two-hundred day moving average of $198.74. The stock has a market cap of $91.31 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.