Wellspring Financial Advisors LLC Reduces Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wellspring Financial Advisors LLC cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,277 shares of the company’s stock after selling 5,959 shares during the period. Wellspring Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares during the period. LPL Financial LLC lifted its position in shares of 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 worth $765,149,000 after purchasing an additional 275,904 shares during the last quarter. Keybank National Association OH grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after purchasing an additional 94,658 shares during the last quarter. Bank of New York Mellon Corp increased its stake in 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 worth $273,513,000 after buying an additional 7,532 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in 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 buying an additional 1,048,921 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $157.18 on Monday. The company has a market capitalization of $65.67 billion, a P/E ratio of 21.02 and a beta of 1.01. The company’s 50-day simple moving average is $177.08 and its two-hundred day simple moving average is $178.97. Invesco S&P 500 Equal Weight ETF has a one year low of $150.90 and a one year high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

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