Roger Wittlin Investment Advisory LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Roger Wittlin Investment Advisory LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.0% in the 4th quarter, Holdings Channel reports. The firm owned 28,335 shares of the company’s stock after acquiring an additional 4,715 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.8% of Roger Wittlin Investment Advisory LLC’s portfolio, making the stock its 10th largest position. Roger Wittlin Investment Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,965,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Strategic Financial Concepts LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th 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 in the last quarter. LPL Financial LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after buying an additional 275,904 shares during the period. Keybank National Association OH grew its position in Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after buying an additional 94,658 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 4th 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 boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 312.2% during 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 during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

RSP stock opened at $174.86 on Thursday. The company’s 50 day moving average is $177.90 and its 200 day moving average is $179.15. The stock has a market cap of $73.05 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders 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.

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).