Arete Wealth Advisors LLC Sells 3,847 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Arete Wealth Advisors LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 144,533 shares of the company’s stock after selling 3,847 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.8% of Arete Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. Arete Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,316,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in RSP. World Investment Advisors lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.3% in the 4th quarter. World Investment Advisors now owns 41,633 shares of the company’s stock worth $7,295,000 after purchasing an additional 21,357 shares during the last quarter. Biltmore Family Office LLC grew its position in Invesco S&P 500 Equal Weight ETF by 662.3% in the 4th quarter. Biltmore Family Office LLC now owns 55,456 shares of the company’s stock valued at $9,718,000 after buying an additional 48,181 shares in the last quarter. Roger Wittlin Investment Advisory LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 20.0% during the fourth quarter. Roger Wittlin Investment Advisory LLC now owns 28,335 shares of the company’s stock valued at $4,965,000 after acquiring an additional 4,715 shares during the period. Venture Visionary Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 104.8% during the 4th quarter. Venture Visionary Partners LLC now owns 732,420 shares of the company’s stock valued at $128,349,000 after purchasing an additional 374,766 shares during the period. Finally, Disciplined Investors L.L.C. acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $1,044,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $174.86 on Thursday. The company has a market capitalization of $73.05 billion, a P/E ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The company’s 50 day simple moving average is $177.90 and its 200 day simple moving average is $179.15.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently disclosed 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).