Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Holdings Increased by Southeast Asset Advisors LLC

Southeast Asset Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.2% during the 4th quarter, Holdings Channel reports. The fund owned 120,013 shares of the company’s stock after purchasing an additional 13,973 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.6% of Southeast Asset Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Southeast Asset Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Beta Wealth Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after buying an additional 150 shares during the period. Tidemark LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 31.4% in the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after acquiring an additional 103 shares during the last quarter. Ceera Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $267,000. Sandy Cove Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $222,000. Finally, Permanent Capital Management LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $25,956,000.

Invesco S&P 500 Equal Weight ETF Trading Down 5.6 %

Shares of RSP stock opened at $157.18 on Monday. The company has a market cap of $65.67 billion, a P/E ratio of 21.02 and a beta of 1.01. The firm has a fifty day moving average price of $177.08 and a 200 day moving average price of $178.97. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.90 and a 12 month high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.8308 dividend. The ex-dividend date of this dividend 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).