Ausdal Financial Partners Inc. Purchases 68,854 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ausdal Financial Partners Inc. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 502.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,555 shares of the company’s stock after acquiring an additional 68,854 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.2% of Ausdal Financial Partners Inc.’s holdings, making the stock its 12th largest holding. Ausdal Financial Partners Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,466,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of RSP. Thrivent Financial for Lutherans increased its stake in Invesco S&P 500 Equal Weight ETF by 1.2% in the third quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock valued at $2,957,000 after acquiring an additional 197 shares during the period. Larson Financial Group LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 23.5% during the third quarter. Larson Financial Group LLC now owns 3,922 shares of the company’s stock valued at $703,000 after purchasing an additional 746 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% during the third quarter. Brown Brothers Harriman & Co. now owns 40,743 shares of the company’s stock valued at $7,300,000 after purchasing an additional 483 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $29,000. Finally, Bank of Montreal Can raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 22.5% in the 3rd quarter. Bank of Montreal Can now owns 199,711 shares of the company’s stock worth $35,734,000 after buying an additional 36,648 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $175.27 on Wednesday. The business has a 50 day simple moving average of $178.66 and a 200 day simple moving average of $179.16. The company has a market capitalization of $73.02 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.8308 per share. The ex-dividend date is 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).