Level Four Advisory Services LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Level Four Advisory Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 48.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 63,016 shares of the company’s stock after acquiring an additional 20,686 shares during the quarter. Level Four Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,042,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of RSP. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th 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 period. Van ECK Associates Corp raised its holdings 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 worth $27,000 after purchasing an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $28,000. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $29,000. Finally, Hemington Wealth Management grew its stake 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 acquiring an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3 %

Shares of NYSEARCA RSP opened at $174.49 on Friday. The firm has a market cap of $72.69 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The company’s 50-day simple moving average is $178.51 and its 200-day simple moving average is $179.10. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.8308 dividend. 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).