OneAscent Wealth Management LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

OneAscent Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 1,324 shares of the company’s stock, valued at approximately $232,000.

A number of other hedge funds also recently made changes to their positions in RSP. Biondo Investment Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.1% during the 4th quarter. Biondo Investment Advisors LLC now owns 10,842 shares of the company’s stock valued at $1,900,000 after buying an additional 114 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Invesco S&P 500 Equal Weight ETF by 13.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 46,098 shares of the company’s stock valued at $8,078,000 after acquiring an additional 5,355 shares during the last quarter. Level Four Advisory Services LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the fourth quarter. Level Four Advisory Services LLC now owns 63,016 shares of the company’s stock worth $11,042,000 after acquiring an additional 20,686 shares in the last quarter. Orion Portfolio Solutions LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 45,071 shares of the company’s stock worth $7,898,000 after acquiring an additional 1,725 shares during the last quarter. Finally, Blair William & Co. IL boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 35.6% in the 4th quarter. Blair William & Co. IL now owns 367,092 shares of the company’s stock valued at $64,325,000 after purchasing an additional 96,323 shares in the last quarter.

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

Shares of NYSEARCA:RSP opened at $171.80 on Friday. The stock 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 moving average is $178.34 and its 200 day moving average is $179.15. 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 announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.8308 dividend. The ex-dividend date was Monday, March 24th.

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).