Orion Portfolio Solutions LLC Has $7.90 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Orion Portfolio Solutions LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,071 shares of the company’s stock after buying an additional 1,725 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,898,000 at the end of the most recent quarter.

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

Invesco S&P 500 Equal Weight ETF Stock Down 1.5 %

Shares of NYSEARCA RSP opened at $171.80 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The firm’s 50-day simple moving average is $178.34 and its 200 day simple moving average is $179.10. The company has a market cap of $71.57 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.8308 per share. The ex-dividend date was 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).