Peddock Capital Advisors LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 11.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,540 shares of the company’s stock after selling 4,180 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.4% of Peddock Capital Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Peddock Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,977,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of RSP. Weaver Consulting Group raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock worth $669,000 after purchasing an additional 48 shares during the period. Sage Capital Advisors llc boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock worth $512,000 after purchasing an additional 48 shares in the last quarter. Charis Legacy Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after purchasing an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after buying an additional 50 shares during the period. Finally, Tenon Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after buying an additional 50 shares during the period. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 0.4%
Shares of RSP traded down $0.91 during trading hours on Friday, reaching $214.09. The stock had a trading volume of 10,003,003 shares, compared to its average volume of 11,983,996. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The firm has a 50-day moving average of $215.81 and a 200 day moving average of $210.38. The company has a market cap of $98.92 billion, a P/E ratio of 20.10 and a beta of 0.92.
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.
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