Rock Creek Group LP Grows Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Rock Creek Group LP boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 114.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 675,041 shares of the company’s stock after buying an additional 359,921 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 10.3% of Rock Creek Group LP’s investment portfolio, making the stock its 3rd largest position. Rock Creek Group LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $122,040,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in 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 in the last quarter. LPL Financial LLC boosted its holdings 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 in the last quarter. Keybank National Association OH grew its stake in shares of 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 worth $689,809,000 after acquiring an additional 94,658 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the fourth 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 in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised 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 worth $242,674,000 after purchasing an additional 1,048,921 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $171.80 on Friday. The company has a market capitalization of $71.57 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company’s 50-day moving average is $178.34 and its 200 day moving average is $179.15.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The company 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 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).