Financial Engines Advisors L.L.C. Invests $378,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Financial Engines Advisors L.L.C. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,156 shares of the company’s stock, valued at approximately $378,000.

Other hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $29,000. Bank of Montreal Can raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 22.5% in the third quarter. Bank of Montreal Can now owns 199,711 shares of the company’s stock worth $35,734,000 after buying an additional 36,648 shares during the last quarter. FMR LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.2% in the third quarter. FMR LLC now owns 96,516 shares of the company’s stock worth $17,295,000 after buying an additional 10,513 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $38,000. Finally, National Wealth Management Group LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 123.9% during the third quarter. National Wealth Management Group LLC now owns 5,342 shares of the company’s stock valued at $957,000 after buying an additional 2,956 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $174.49 on Friday. The stock’s fifty day moving average price is $178.51 and its 200 day moving average price is $179.10. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The company has a market cap of $72.69 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.8308 dividend. The ex-dividend date of this dividend is 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).