Brown Brothers Harriman & Co. Buys 5,355 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Brown Brothers Harriman & Co. increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,098 shares of the company’s stock after purchasing an additional 5,355 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,078,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Keene & Associates Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after purchasing an additional 56 shares during the period. Atlantic Union Bankshares Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after buying an additional 56 shares during the period. Beaumont Financial Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after buying an additional 58 shares in the last quarter. Ingalls & Snyder LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after acquiring an additional 58 shares during the last quarter. Finally, Boston Standard Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after acquiring an additional 61 shares in the last quarter.

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

Shares of NYSEARCA RSP opened at $171.80 on Friday. The business has a 50-day moving average of $178.34 and a 200-day moving average of $179.15. The firm has a market capitalization of $71.57 billion, a price-to-earnings 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 business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.8308 dividend. 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).