Cannell & Spears LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cannell & Spears LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,769 shares of the company’s stock after selling 276 shares during the quarter. Cannell & Spears LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,289,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SJS Investment Consulting Inc. boosted its holdings 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 valued at $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp boosted its holdings 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 valued at $27,000 after purchasing an additional 78 shares during the last quarter. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Cambridge Financial Group Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $28,000. Finally, Joseph Group Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000.

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

Invesco S&P 500 Equal Weight ETF stock opened at $173.23 on Tuesday. The business’s 50-day moving average price is $178.21 and its 200 day moving average price is $179.19. The firm 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 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 paid a $0.8308 dividend. The ex-dividend date of this dividend was 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).