JPMorgan Chase & Co. Decreases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

JPMorgan Chase & Co. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,987,898 shares of the company’s stock after selling 110,910 shares during the period. JPMorgan Chase & Co. owned about 1.19% of Invesco S&P 500 Equal Weight ETF worth $698,799,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Strategic Financial Concepts LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after acquiring an additional 8,451,521 shares in the last quarter. LPL Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after purchasing an additional 275,904 shares in the last quarter. Keybank National Association OH boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after purchasing an additional 94,658 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the fourth quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock worth $273,513,000 after buying an additional 7,532 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Invesco S&P 500 Equal Weight ETF by 312.2% in the fourth 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 buying an additional 1,048,921 shares during the last quarter.

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

RSP opened at $171.80 on Friday. The firm has a market capitalization 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 twelve month low of $158.83 and a twelve month high of $188.16. The firm’s 50-day moving average price is $178.34 and its 200 day moving average price is $179.10.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The business also recently disclosed 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 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).