Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Azimuth Capital Investment Management LLC

Azimuth Capital Investment Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.5% in the 4th quarter, Holdings Channel reports. The firm owned 24,285 shares of the company’s stock after buying an additional 1,690 shares during the period. Azimuth Capital Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,255,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beta Wealth Group Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after purchasing an additional 150 shares during the last quarter. Tidemark LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 31.4% during the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares during the last quarter. Ceera Investments LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at 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 purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $25,956,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $165.16 on Thursday. The company has a market cap of $69.00 billion, a PE ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $188.16. The firm has a 50 day simple moving average of $174.76 and a 200 day simple moving average of $178.28.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given 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).