Ausdal Financial Partners Inc. Acquires 68,854 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ausdal Financial Partners Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 502.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,555 shares of the company’s stock after buying an additional 68,854 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.2% of Ausdal Financial Partners Inc.’s portfolio, making the stock its 12th biggest holding. Ausdal Financial Partners Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,466,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SJS Investment Consulting Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $28,000. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000. Finally, Hemington Wealth Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 84.0% in the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Shares of NYSEARCA:RSP opened at $175.27 on Wednesday. The company has a market cap of $73.02 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The business has a 50 day moving average price of $178.66 and a 200 day moving average price of $179.16. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a $0.8308 dividend. The ex-dividend date of this dividend is 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).