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

Stevard LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 1.9% of Stevard LLC’s investment portfolio, making the stock its 15th largest holding. Stevard LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $502,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Strategic Financial Concepts LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. LPL Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after acquiring an additional 275,904 shares during the period. Keybank National Association OH boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after acquiring an additional 94,658 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock valued at $273,513,000 after acquiring an additional 7,532 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 312.2% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock worth $242,674,000 after purchasing an additional 1,048,921 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $157.18 on Friday. The stock has a market capitalization of $65.67 billion, a PE ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a one year low of $156.94 and a one year high of $188.16. The business’s fifty day moving average price is $177.08 and its 200-day moving average price is $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 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).