LifePlan Financial Group Inc Sells 532 Shares of Invesco S&P 500 Equal Weight ETF (RSP)

LifePlan Financial Group Inc cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,586 shares of the company’s stock after selling 532 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 3.3% of LifePlan Financial Group Inc’s portfolio, making the stock its 3rd biggest position. LifePlan Financial Group Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Highwater Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $36,000. Capital Directions Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $108,000. Proequities Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $117,000. Amussen Hunsaker Associates LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $118,000. Finally, Rehmann Capital Advisory Group raised its position in Invesco S&P 500 Equal Weight ETF by 780.7% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,321 shares of the company’s stock valued at $141,000 after purchasing an additional 1,171 shares in the last quarter.

NYSEARCA RSP traded up $0.07 on Friday, reaching $95.96. 146,767 shares of the stock traded hands, compared to its average volume of 1,377,715. Invesco S&P 500 Equal Weight ETF has a 12 month low of $85.76 and a 12 month high of $108.89.

The company also recently announced a quarterly dividend, which was paid on Monday, December 31st. Shareholders of record on Wednesday, December 26th were given a dividend of $0.5321 per share. The ex-dividend date of this dividend was Monday, December 24th. This is a positive change from Invesco S&P 500 Equal Weight ETF’s previous quarterly dividend of $0.49. This represents a $2.13 dividend on an annualized basis and a yield of 2.22%.

ILLEGAL ACTIVITY NOTICE: This piece was posted by Stock Observer and is owned by of Stock Observer. If you are reading this piece on another site, it was stolen and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this piece can be read at https://www.thestockobserver.com/2019/01/11/lifeplan-financial-group-inc-sells-532-shares-of-invesco-sp-500-equal-weight-etf-rsp.html.

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).

Recommended Story: Diversification Important in Investing

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply