Lincoln National Corp Increases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lincoln National Corp boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.4% during the 4th quarter, HoldingsChannel reports. The firm owned 82,674 shares of the company’s stock after buying an additional 14,009 shares during the period. Lincoln National Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of RSP. Howe & Rusling Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $26,000. GAMMA Investing LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $38,000. Core Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $38,000. SOA Wealth Advisors LLC. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after purchasing an additional 103 shares in the last quarter. Finally, CVA Family Office LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $76,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP traded up $0.46 during trading hours on Tuesday, reaching $164.50. The company’s stock had a trading volume of 4,510,935 shares, compared to its average volume of 6,558,115. The company has a market capitalization of $55.10 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average price of $164.30 and a two-hundred day moving average price of $156.13. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80.

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).