Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 59.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,180 shares of the company’s stock after acquiring an additional 20,905 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.9% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Prevail Innovative Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,844,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Strategic Financial Concepts LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after buying an additional 8,451,521 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 312.2% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock valued at $242,674,000 after acquiring an additional 1,048,921 shares in the last quarter. SPX Gestao de Recursos Ltda boosted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares during the period. Moment Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $93,280,000. Finally, Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $83,931,000.

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

RSP opened at $171.80 on Friday. The firm has a market capitalization of $71.57 billion, a P/E ratio of 20.93 and a beta of 1.07. The stock has a fifty day moving average of $178.34 and a 200-day moving average of $179.15. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

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