TIAA Trust National Association Has $2.16 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TIAA Trust National Association lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,301 shares of the company’s stock after selling 81 shares during the period. TIAA Trust National Association’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,156,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC grew its position in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares in the last quarter. LPL Financial LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after purchasing an additional 275,904 shares during the period. Keybank National Association OH raised its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after purchasing an additional 94,658 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in 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 purchasing an additional 7,532 shares during the period.

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

RSP stock opened at $174.94 on Thursday. The company’s 50-day moving average price is $178.60 and its two-hundred day moving average price is $179.13. The firm has a market cap of $72.88 billion, a P/E ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

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