Joseph Group Capital Management Acquires New Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Joseph Group Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, HoldingsChannel.com reports. The fund bought 167 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in RSP. IPG Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.2% during the 4th quarter. IPG Investment Advisors LLC now owns 54,525 shares of the company’s stock valued at $9,554,000 after purchasing an additional 8,021 shares during the last quarter. RWA Wealth Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.0% during the fourth quarter. RWA Wealth Partners LLC now owns 6,360 shares of the company’s stock worth $1,114,000 after buying an additional 64 shares during the last quarter. Schroder Investment Management Group bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $7,499,000. Rock Creek Group LP increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 114.2% during the fourth quarter. Rock Creek Group LP now owns 675,041 shares of the company’s stock worth $122,040,000 after buying an additional 359,921 shares in the last quarter. Finally, Strategy Asset Managers LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.0% during the 4th quarter. Strategy Asset Managers LLC now owns 36,849 shares of the company’s stock valued at $6,457,000 after acquiring an additional 1,414 shares in the last quarter.

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

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

Invesco S&P 500 Equal Weight ETF Dividend Announcement

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 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).