Milestone Investment Advisors LLC Sells 555 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Milestone Investment Advisors LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,114 shares of the company’s stock after selling 555 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.4% of Milestone Investment Advisors LLC’s portfolio, making the stock its 22nd largest holding. Milestone Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,102,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Beta Wealth Group Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% during the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after purchasing an additional 150 shares in the last quarter. Tidemark LLC grew its holdings in shares of 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 last quarter. Ceera Investments LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $267,000. Sandy Cove Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $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 about $25,956,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

Shares of NYSEARCA:RSP opened at $174.86 on Thursday. The firm has a market cap of $73.05 billion, a P/E ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The company’s 50-day moving average price is $177.90 and its two-hundred day moving average price is $179.15.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.8308 per share. The ex-dividend date 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).