Ruggaard & Associates LLC Buys 940 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ruggaard & Associates LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,037 shares of the company’s stock after buying an additional 940 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 4.3% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 10th largest holding. Ruggaard & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,819,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Beta Wealth Group Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after buying an additional 150 shares in the last quarter. Tidemark LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 31.4% during the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after acquiring an additional 103 shares in the last quarter. Ceera Investments LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $267,000. Sandy Cove Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $222,000. Finally, Permanent Capital Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $25,956,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $157.18 on Friday. The firm’s 50-day moving average is $177.08 and its two-hundred day moving average is $178.95. The stock has a market capitalization of $65.67 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 $156.94 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

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