Level Four Advisory Services LLC Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Level Four Advisory Services LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 48.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 63,016 shares of the company’s stock after purchasing an additional 20,686 shares during the period. Level Four Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,042,000 as of its most recent SEC filing.

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

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $174.49 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The company has a market cap of $72.69 billion, a PE ratio of 20.93 and a beta of 1.07. The business’s 50-day simple moving average is $178.51 and its two-hundred day simple moving average is $179.10.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.8308 dividend. The ex-dividend date is 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).