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

IPG Investment Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,525 shares of the company’s stock after purchasing an additional 8,021 shares during the period. 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. SJS Investment Consulting Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp increased its position 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 purchasing an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $28,000. Cambridge Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Finally, Hemington Wealth Management lifted its position in Invesco S&P 500 Equal Weight ETF by 84.0% during the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $171.80 on Friday. The stock has a market cap of $71.57 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The company has a 50 day moving average of $178.34 and a 200-day moving average of $179.15. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.8308 per share. The ex-dividend date was 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).