Bcwm LLC Invests $6.31 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bcwm LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, Holdings Channel reports. The firm acquired 35,991 shares of the company’s stock, valued at approximately $6,307,000. Invesco S&P 500 Equal Weight ETF accounts for about 2.2% of Bcwm LLC’s holdings, making the stock its 19th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Keene & Associates Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after purchasing an additional 56 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after buying an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after buying an additional 58 shares during the last quarter. Ingalls & Snyder LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after buying an additional 58 shares during the period. Finally, Boston Standard Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after acquiring an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5 %

Shares of NYSEARCA:RSP opened at $171.80 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The business has a 50 day moving average of $178.34 and a two-hundred day moving average of $179.15. The company 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 Announces Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.8308 per share. 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).