LM Advisors LLC Purchases 10,468 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

LM Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,259 shares of the company’s stock after purchasing an additional 10,468 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.5% of LM Advisors LLC’s portfolio, making the stock its 15th largest position. LM Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,982,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans lifted its position in Invesco S&P 500 Equal Weight ETF by 1.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock valued at $2,957,000 after acquiring an additional 197 shares in the last quarter. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $29,000. Bank of Montreal Can boosted its position in Invesco S&P 500 Equal Weight ETF by 22.5% during the 3rd quarter. Bank of Montreal Can now owns 199,711 shares of the company’s stock worth $35,734,000 after acquiring an additional 36,648 shares during the last quarter. FMR LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.2% during the 3rd quarter. FMR LLC now owns 96,516 shares of the company’s stock worth $17,295,000 after acquiring an additional 10,513 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $38,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Shares of RSP stock opened at $174.94 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The company’s fifty day simple moving average is $178.60 and its 200-day simple moving average is $179.13. The firm has a market cap of $72.88 billion, a PE ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.8308 per share. The ex-dividend date is Monday, March 24th.

Invesco S&P 500 Equal Weight ETF Company 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).