Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,404,396 shares of the company’s stock after selling 96,431 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $421,322,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Beta Wealth Group Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after acquiring an additional 150 shares during the period. Tidemark LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 31.4% in the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares in the last quarter. Ceera Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $267,000. Sandy Cove Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $222,000. Finally, Permanent Capital Management LP purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $25,956,000.

Invesco S&P 500 Equal Weight ETF Stock Down 5.6 %

Shares of RSP stock opened at $157.18 on Friday. The stock has a market cap of $65.67 billion, a P/E ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.94 and a fifty-two week high of $188.16. The business has a fifty day simple moving average of $177.08 and a 200-day simple moving average of $178.95.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors 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).