Signature Estate & Investment Advisors LLC Increases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Signature Estate & Investment Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 72.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,310 shares of the company’s stock after buying an additional 1,812 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $755,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. SJS Investment Consulting Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares in the last quarter. FPC Investment Advisory Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Van ECK Associates Corp increased its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $29,000. Finally, Roxbury Financial LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $34,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2 %

Shares of NYSEARCA RSP opened at $174.94 on Thursday. The business has a 50-day moving average of $178.60 and a 200-day moving average of $179.13. The firm 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 12 month low of $158.83 and a 12 month high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.8308 dividend. The ex-dividend date of this dividend is 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).