Benchmark Investment Advisors LLC Has $760,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Benchmark Investment Advisors LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,340 shares of the company’s stock after selling 148 shares during the period. Benchmark Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $760,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. FMR LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.2% in the third quarter. FMR LLC now owns 96,516 shares of the company’s stock worth $17,295,000 after purchasing an additional 10,513 shares during the last quarter. Quantbot Technologies LP purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 253.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 74,781 shares of the company’s stock valued at $13,398,000 after acquiring an additional 53,621 shares in the last quarter. Chevy Chase Trust Holdings LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $238,000. Finally, Quantinno Capital Management LP grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 575.3% in the 3rd quarter. Quantinno Capital Management LP now owns 11,204 shares of the company’s stock worth $2,007,000 after acquiring an additional 9,545 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $157.18 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.94 and a fifty-two week high of $188.16. The firm’s 50-day simple moving average is $177.08 and its 200 day simple moving average is $178.95. The stock has a market cap of $65.67 billion, a PE ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.8308 dividend. 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).