TRUE Private Wealth Advisors Sells 146 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TRUE Private Wealth Advisors cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 316,446 shares of the company’s stock after selling 146 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 6.7% of TRUE Private Wealth Advisors’ portfolio, making the stock its 3rd largest position. TRUE Private Wealth Advisors owned about 0.09% of Invesco S&P 500 Equal Weight ETF worth $55,451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. SJS Investment Consulting Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares in the last quarter. FPC Investment Advisory Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $28,000. Van ECK Associates Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th 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. Cambridge Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $28,000. Finally, Joseph Group Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $152.93 on Wednesday. The firm has a market cap of $63.89 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01. The business’s 50-day simple moving average is $175.43 and its 200-day simple moving average is $178.46. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.03 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 issued a $0.8308 dividend. The ex-dividend date of this dividend 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).