Excalibur Management Corp Has $3.37 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Excalibur Management Corp increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,239 shares of the company’s stock after buying an additional 3,455 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.3% of Excalibur Management Corp’s portfolio, making the stock its 15th largest holding. Excalibur Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,371,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Beta Wealth Group Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after buying an additional 150 shares during the last quarter. Tidemark LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 31.4% during the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after purchasing an additional 103 shares during the period. Ceera Investments LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $267,000. Sandy Cove Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $222,000. Finally, Permanent Capital Management LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $25,956,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2 %

NYSEARCA RSP opened at $175.27 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The company has a fifty day simple moving average of $178.66 and a 200 day simple moving average of $179.16. The company has a market cap of $73.02 billion, a P/E ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a $0.8308 dividend. The ex-dividend date of this dividend is Monday, March 24th.

About Invesco S&P 500 Equal Weight ETF

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).