Tradewinds LLC. Invests $248,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Tradewinds LLC. acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,375 shares of the company’s stock, valued at approximately $248,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in 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 purchasing an additional 8,451,521 shares during the period. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after acquiring an additional 275,904 shares during the period. Keybank National Association OH raised its stake in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after acquiring an additional 94,658 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock worth $273,513,000 after acquiring an additional 7,532 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 312.2% in the fourth 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 in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1 %

Shares of NYSEARCA RSP opened at $173.41 on Wednesday. The stock has a market cap of $72.45 billion, a P/E ratio of 21.02 and a beta of 1.01. The firm’s 50-day simple moving average is $178.03 and its 200 day simple moving average is $179.18. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given 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 Company 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).