Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Venture Visionary Partners LLC’s 2nd Largest Position

Venture Visionary Partners LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 104.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 732,420 shares of the company’s stock after acquiring an additional 374,766 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 3.8% of Venture Visionary Partners LLC’s portfolio, making the stock its 2nd largest position. Venture Visionary Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $128,349,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in RSP. Strategic Financial Concepts LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Invesco S&P 500 Equal Weight ETF by 312.2% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock valued at $242,674,000 after acquiring an additional 1,048,921 shares in the last quarter. SPX Gestao de Recursos Ltda lifted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares during the last quarter. Moment Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $93,280,000. Finally, Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $83,931,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $174.86 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The firm’s 50-day moving average is $177.90 and its 200-day moving average is $179.15. The company has a market cap of $73.05 billion, a P/E 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. Shareholders of record on Monday, March 24th were issued a $0.8308 dividend. The ex-dividend date was Monday, March 24th.

Invesco S&P 500 Equal Weight ETF 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).