Bessemer Group Inc. Boosts Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bessemer Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.7% during the 4th quarter, Holdings Channel reports. The fund owned 39,627 shares of the company’s stock after purchasing an additional 2,487 shares during the period. Bessemer Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in RSP. Kraft Davis & Associates LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $221,000. Spreng Capital Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 89.0% in the fourth quarter. Spreng Capital Management Inc. now owns 6,862 shares of the company’s stock valued at $1,202,000 after acquiring an additional 3,232 shares during the period. Azimuth Capital Investment Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 7.5% in the 4th quarter. Azimuth Capital Investment Management LLC now owns 24,285 shares of the company’s stock worth $4,255,000 after purchasing an additional 1,690 shares in the last quarter. Tandem Investment Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $2,485,000. Finally, Advisory Services Network LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 50.9% during the 4th quarter. Advisory Services Network LLC now owns 122,836 shares of the company’s stock valued at $21,525,000 after purchasing an additional 41,424 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $162.02 on Friday. The firm has a fifty day moving average price of $173.97 and a 200 day moving average price of $178.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16. The stock has a market cap of $67.69 billion, a P/E ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given 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).