Peterson Wealth Advisors LLC Has $528,000 Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Peterson Wealth Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,993 shares of the company’s stock after selling 539 shares during the quarter. Peterson Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $528,000 as of its most recent SEC filing.

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

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $181.49 on Thursday. The stock has a 50-day simple moving average of $180.36 and a 200 day simple moving average of $176.40. The stock has a market capitalization of $60.79 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16.

Invesco S&P 500 Equal Weight ETF Company 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).