IPG Investment Advisors LLC Has $9.55 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

IPG Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,525 shares of the company’s stock after purchasing an additional 8,021 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.2% of IPG Investment Advisors LLC’s portfolio, making the stock its 13th largest position. IPG Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,554,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SJS Investment Consulting Inc. raised its stake in 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 worth $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp increased its holdings in shares of 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. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Cambridge Financial Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Finally, Hemington Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.0% in the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after buying an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $171.80 on Friday. The firm has a market cap of $71.57 billion, a PE ratio of 20.93 and a beta of 1.07. The business’s 50 day simple moving average is $178.34 and its 200 day simple moving average is $179.15. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.8308 per share. 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).