Tucker Asset Management LLC Sells 1,721 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tucker Asset Management LLC lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% in the fourth quarter, HoldingsChannel reports. The firm owned 186,495 shares of the company’s stock after selling 1,721 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 3.5% of Tucker Asset Management LLC’s holdings, making the stock its 5th biggest holding. Tucker Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $32,680,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of RSP. SJS Investment Consulting Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the period. Van ECK Associates Corp increased its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares in the last quarter. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $28,000. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000. Finally, Hemington Wealth Management grew its stake in Invesco S&P 500 Equal Weight ETF by 84.0% during the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after buying an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5 %

Shares of RSP stock opened at $171.80 on Friday. The company has a market cap of $71.57 billion, a PE ratio of 20.93 and a beta of 1.07. The company’s fifty day simple moving average is $178.34 and its 200-day simple moving average is $179.10. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.8308 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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).