Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Peddock Capital Advisors LLC’s 10th Largest Position

Peddock Capital Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,753 shares of the company’s stock after purchasing an additional 686 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.1% of Peddock Capital Advisors LLC’s investment portfolio, making the stock its 10th largest position. Peddock Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,555,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Everett Harris & Co. CA increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% during the 1st quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after acquiring an additional 65 shares in the last quarter. Delta Investment Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after acquiring an additional 65 shares in the last quarter. America First Investment Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.6% during the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after acquiring an additional 66 shares in the last quarter. Opal Wealth Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after acquiring an additional 67 shares in the last quarter. Finally, Founders Financial Alliance LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.4% during the 2nd quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock valued at $469,000 after acquiring an additional 67 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP traded up $0.57 during mid-day trading on Wednesday, hitting $178.17. 1,039,224 shares of the company’s stock traded hands, compared to its average volume of 6,182,418. The firm’s 50 day simple moving average is $173.21 and its 200 day simple moving average is $168.12. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $179.94. The company has a market cap of $59.68 billion, a PE 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).