Schroder Investment Management Group Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Schroder Investment Management Group acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 42,874 shares of the company’s stock, valued at approximately $7,499,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SJS Investment Consulting Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the period. Van ECK Associates Corp grew its holdings in shares of 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 buying an additional 78 shares during the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $28,000. Cambridge Financial Group Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Finally, Hemington Wealth Management raised its holdings in shares of 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 worth $32,000 after acquiring an additional 84 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 5.6 %

Shares of NYSEARCA:RSP opened at $157.18 on Friday. The business’s 50 day moving average is $177.08 and its 200 day moving average is $178.93. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.94 and a 12-month high of $188.16. The stock has a market cap of $65.67 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The company also recently declared 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).