Biltmore Family Office LLC Has $9.72 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Biltmore Family Office LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 662.3% during the fourth quarter, HoldingsChannel reports. The firm owned 55,456 shares of the company’s stock after acquiring an additional 48,181 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.6% of Biltmore Family Office LLC’s portfolio, making the stock its 8th biggest holding. Biltmore Family Office LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,718,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of RSP. SJS Investment Consulting Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the period. Van ECK Associates Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Cambridge Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $28,000. Finally, Joseph Group Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $174.86 on Thursday. 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 stock has a market cap of $73.05 billion, a PE ratio of 21.02 and a beta of 1.01. The stock has a fifty day moving average of $177.90 and a 200-day moving average of $179.15.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders 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 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).