Inkwell Capital LLC Acquires Shares of 30,906 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Inkwell Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, HoldingsChannel.com reports. The fund bought 30,906 shares of the company’s stock, valued at approximately $5,416,000. Invesco S&P 500 Equal Weight ETF makes up approximately 5.8% of Inkwell Capital LLC’s holdings, making the stock its 3rd biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC lifted its position in shares of 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 worth $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in 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 buying an additional 1,048,921 shares during the last quarter. SPX Gestao de Recursos Ltda increased its stake in shares of 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 valued at $160,348,000 after buying an additional 839,150 shares during the period. Moment Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $93,280,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $83,931,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $171.80 on Friday. The firm has a 50 day simple moving average of $178.34 and a 200 day simple moving average of $179.15. 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. The company has a market cap 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 Announces Dividend

The firm also recently disclosed 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.

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).