Physician Wealth Advisors Inc. Invests $128,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Physician Wealth Advisors Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 730 shares of the company’s stock, valued at approximately $128,000.

Several other large investors also recently modified their holdings of RSP. Strategic Financial Concepts LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 312.2% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock valued at $242,674,000 after purchasing an additional 1,048,921 shares during the period. SPX Gestao de Recursos Ltda boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after purchasing an additional 839,150 shares in the last quarter. Moment Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $93,280,000. Finally, Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $83,931,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $171.80 on Monday. The firm has a market cap of $71.57 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The business’s 50 day moving average price is $178.34 and its two-hundred day moving average price is $179.19.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

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