Pinnacle Bancorp Inc. Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Pinnacle Bancorp Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,118 shares of the company’s stock after purchasing an additional 150 shares during the period. Pinnacle Bancorp Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $371,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. GHP Investment Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $29,000. Richardson Financial Services Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the period. Finally, Bristlecone Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $177.77 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16. The firm has a market capitalization of $59.54 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s fifty day moving average is $180.80 and its two-hundred day moving average is $175.79.

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).