Peak Asset Management LLC Purchases 1,769 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Peak Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 89,121 shares of the company’s stock after acquiring an additional 1,769 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 3.0% of Peak Asset Management LLC’s holdings, making the stock its 10th largest holding. Peak Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,967,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Destination Wealth Management raised its position in Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after purchasing an additional 96 shares in the last quarter. Courage Miller Partners LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after buying an additional 273 shares in the last quarter. Riversedge Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after buying an additional 7,883 shares during the period. Blair William & Co. IL boosted its stake in Invesco S&P 500 Equal Weight ETF by 13.2% in the 1st quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock valued at $34,755,000 after buying an additional 23,957 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its position in Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after acquiring an additional 6,001 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $183.71 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $142.77 and a 12-month high of $185.79. The stock has a market capitalization of $61.53 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a 50-day simple moving average of $178.06 and a 200 day simple moving average of $170.89.

About Invesco S&P 500 Equal Weight ETF

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).