Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Cannon Advisors Inc.

Posted by Jared Coughlin on Apr 1st, 2025

Cannon Advisors Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,312 shares of the company’s stock after acquiring an additional 273 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 4.7% of Cannon Advisors Inc.’s portfolio, making the stock its 6th largest holding. Cannon Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,487,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of RSP. StoneX Group Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 14.4% during the fourth quarter. StoneX Group Inc. now owns 158,823 shares of the company’s stock worth $27,831,000 after purchasing an additional 19,951 shares in the last quarter. Tradewinds LLC. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $248,000. Mosaic Financial Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.2% during the 4th quarter. Mosaic Financial Group LLC now owns 18,340 shares of the company’s stock valued at $3,214,000 after buying an additional 1,064 shares in the last quarter. Meridian Investment Counsel Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 5.6% in the 4th quarter. Meridian Investment Counsel Inc. now owns 24,195 shares of the company’s stock valued at $4,240,000 after acquiring an additional 1,292 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% in the 4th quarter. Franklin Resources Inc. now owns 78,784 shares of the company’s stock worth $13,805,000 after acquiring an additional 928 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

RSP opened at $173.23 on Tuesday. The firm’s fifty day simple moving average is $178.21 and its two-hundred day simple moving average is $179.19. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company has a market cap of $72.17 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.8308 dividend. The ex-dividend date was Monday, March 24th.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).