Joseph Group Capital Management Invests $29,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Joseph Group Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 167 shares of the company’s stock, valued at approximately $29,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC increased its position in Invesco S&P 500 Equal Weight ETF by 12.2% during the third quarter. FMR LLC now owns 96,516 shares of the company’s stock worth $17,295,000 after acquiring an additional 10,513 shares during the period. Quantbot Technologies LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 253.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 74,781 shares of the company’s stock valued at $13,398,000 after buying an additional 53,621 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.1% in the third quarter. Hantz Financial Services Inc. now owns 995 shares of the company’s stock valued at $178,000 after buying an additional 145 shares during the period. Finally, Captrust Financial Advisors grew its position in Invesco S&P 500 Equal Weight ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock worth $23,455,000 after buying an additional 2,206 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $171.80 on Friday. The business has a fifty day moving average price of $178.34 and a two-hundred day moving average price of $179.15. The stock has a market capitalization of $71.57 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.8308 per share. The ex-dividend date was Monday, March 24th.

About Invesco S&P 500 Equal Weight ETF

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).