Stevard LLC Sells 577 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Stevard LLC reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,867 shares of the company’s stock after selling 577 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.9% of Stevard LLC’s investment portfolio, making the stock its 15th largest position. Stevard LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. SJS Investment Consulting Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares in the last quarter. FPC Investment Advisory Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $28,000. Van ECK Associates Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares in the last quarter. Cambridge Financial Group Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $28,000. Finally, Joseph Group Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $157.18 on Friday. The company’s 50-day simple moving average is $177.08 and its 200 day simple moving average is $178.95. Invesco S&P 500 Equal Weight ETF has a one year low of $156.94 and a one year high of $188.16. The firm has a market capitalization of $65.67 billion, a P/E ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Announces Dividend

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