PKS Advisory Services LLC Makes New $2.84 Million Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

PKS Advisory Services LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,204 shares of the company’s stock, valued at approximately $2,840,000. Invesco S&P 500 Equal Weight ETF makes up 0.8% of PKS Advisory Services LLC’s investment portfolio, making the stock its 25th biggest position.

Other large investors have also modified their holdings of the company. Strategic Financial Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the last quarter. LPL Financial LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after purchasing an additional 275,904 shares during the last quarter. Keybank National Association OH grew its stake 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 in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after purchasing an additional 98,000 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock valued at $273,513,000 after purchasing an additional 7,532 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

Shares of RSP opened at $175.69 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The firm has a market capitalization of $73.19 billion, a PE ratio of 20.93 and a beta of 1.07. The firm has a 50-day moving average price of $178.68 and a 200 day moving average price of $179.13.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.8308 per share. The ex-dividend date is 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).