World Investment Advisors Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

World Investment Advisors lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 105.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,633 shares of the company’s stock after purchasing an additional 21,357 shares during the quarter. World Investment Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $7,295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RSP. Beta Wealth Group Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares in the last quarter. Tidemark LLC raised its holdings in shares of 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 buying an additional 103 shares during the period. Ceera Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $267,000. Sandy Cove Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $222,000. Finally, Permanent Capital Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $25,956,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $166.53 on Friday. The company’s 50-day simple moving average is $177.58 and its 200-day simple moving average is $179.06. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The stock has a market capitalization of $69.57 billion, a PE ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently disclosed 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).