Peak Financial Management Inc. Acquires 3,338 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Peak Financial Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,716 shares of the company’s stock after acquiring an additional 3,338 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 4.0% of Peak Financial Management Inc.’s holdings, making the stock its 5th largest holding. Peak Financial Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,268,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after buying an additional 98,000 shares during the period. Citigroup Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after buying an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after buying an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

RSP opened at $182.19 on Monday. The stock’s 50-day moving average price is $180.39 and its 200 day moving average price is $176.66. Invesco S&P 500 Equal Weight ETF has a 12-month low of $155.79 and a 12-month high of $188.16. The firm has a market cap of $61.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).