Penobscot Investment Management Company Inc. Acquires 802 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Penobscot Investment Management Company Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 59.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,147 shares of the company’s stock after buying an additional 802 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $376,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of RSP. SJS Investment Consulting Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp grew its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $28,000. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $29,000. Finally, Hemington Wealth Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 84.0% in the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after purchasing an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $174.94 on Thursday. 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 stock has a market cap of $72.88 billion, a P/E ratio of 20.93 and a beta of 1.07. The firm’s fifty day moving average price is $178.60 and its 200-day moving average price is $179.13.

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 issued a $0.8308 dividend. The ex-dividend date is 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).