Vertex Planning Partners LLC Has $1.31 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Vertex Planning Partners LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,452 shares of the company’s stock after selling 451 shares during the period. Vertex Planning Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,306,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of RSP. SJS Investment Consulting Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the last quarter. Van ECK Associates Corp lifted 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 valued at $27,000 after acquiring an additional 78 shares during the last quarter. FPC Investment Advisory Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd 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% during the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $174.49 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company has a market capitalization of $72.69 billion, a P/E ratio of 20.93 and a beta of 1.07. The company has a 50-day simple moving average of $178.51 and a 200 day simple moving average of $179.10.

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 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).