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

PKS Advisory Services LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. 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 accounts for 0.8% of PKS Advisory Services LLC’s investment portfolio, making the stock its 25th largest position.

Several other large investors also recently modified their holdings of the business. SJS Investment Consulting Inc. grew its position 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 lifted its stake 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 during the period. FPC Investment Advisory Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $28,000. Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $29,000. Finally, Hemington Wealth Management raised its holdings in 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 in the last quarter.

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

NYSEARCA:RSP opened at $175.69 on Tuesday. The company has a 50-day moving average price of $178.68 and a 200-day moving average price of $179.13. The stock has a market cap of $73.19 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 disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.8308 dividend. The ex-dividend date is Monday, March 24th.

Invesco S&P 500 Equal Weight ETF Company 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).