Heritage Wealth Advisors Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Heritage Wealth Advisors raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.2% in the fourth quarter, HoldingsChannel reports. The firm owned 13,798 shares of the company’s stock after buying an additional 556 shares during the quarter. Heritage Wealth Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $2,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of RSP. Excalibur Management Corp increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 21.9% during the fourth quarter. Excalibur Management Corp now owns 19,239 shares of the company’s stock valued at $3,371,000 after buying an additional 3,455 shares during the period. America First Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.6% in the 4th quarter. America First Investment Advisors LLC now owns 1,690 shares of the company’s stock worth $296,000 after purchasing an additional 89 shares during the period. Ausdal Financial Partners Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 502.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 82,555 shares of the company’s stock worth $14,466,000 after purchasing an additional 68,854 shares during the period. Financial Engines Advisors L.L.C. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $378,000. Finally, Financial Counselors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 5.7% during the fourth quarter. Financial Counselors Inc. now owns 9,319 shares of the company’s stock valued at $1,633,000 after buying an additional 502 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $175.27 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The company has a 50-day simple moving average of $178.66 and a two-hundred day simple moving average of $179.16. The firm has a market capitalization of $73.02 billion, a PE ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Announces Dividend

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