Peapack Gladstone Financial Corp Increases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Peapack Gladstone Financial Corp increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,503 shares of the company’s stock after purchasing an additional 22,483 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,382,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. WealthPlan Investment Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $2,303,000. Moors & Cabot Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $461,000. First Command Advisory Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 23,677.8% during the third quarter. First Command Advisory Services Inc. now owns 2,140 shares of the company’s stock valued at $303,000 after buying an additional 2,131 shares during the last quarter. NewEdge Wealth LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 18.4% during the 3rd quarter. NewEdge Wealth LLC now owns 13,032 shares of the company’s stock worth $1,847,000 after acquiring an additional 2,021 shares in the last quarter. Finally, Connable Office Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 42.7% during the third quarter. Connable Office Inc. now owns 89,833 shares of the company’s stock valued at $12,728,000 after purchasing an additional 26,859 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

Shares of NYSEARCA:RSP traded down $0.88 during trading on Monday, reaching $164.90. The company’s stock had a trading volume of 6,124,882 shares, compared to its average volume of 6,183,795. The stock has a market capitalization of $55.23 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The firm’s 50 day simple moving average is $164.75 and its two-hundred day simple moving average is $159.79.

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).