Moment Partners LLC Invests $93.28 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Moment Partners LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, Holdings Channel.com reports. The fund purchased 532,329 shares of the company’s stock, valued at approximately $93,280,000. Invesco S&P 500 Equal Weight ETF comprises 17.8% of Moment Partners LLC’s portfolio, making the stock its largest position.

Other institutional investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $28,000. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $29,000. Finally, Hemington Wealth Management raised its position in shares of Invesco S&P 500 Equal Weight ETF by 84.0% in the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $174.94 on Thursday. The company has a market capitalization of $72.88 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company’s 50-day moving average is $178.60 and its 200 day moving average is $179.13.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

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