Hengehold Capital Management LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 388,682 shares of the company’s stock after selling 11,102 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 7.6% of Hengehold Capital Management LLC’s holdings, making the stock its 4th largest holding. Hengehold Capital Management LLC owned 0.27% of Invesco S&P 500 Equal Weight ETF worth $44,978,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Baker Avenue Asset Management LP bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $14,116,000. UBS Group AG grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the 2nd quarter. UBS Group AG now owns 5,406,416 shares of the company’s stock worth $582,812,000 after purchasing an additional 77,111 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $8,056,000. Heritage Wealth Advisors increased its position in shares of Invesco S&P 500 Equal Weight ETF by 9.2% in the third quarter. Heritage Wealth Advisors now owns 849,863 shares of the company’s stock worth $91,853,000 after purchasing an additional 71,431 shares during the period. Finally, Cullen Frost Bankers Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 136.0% in the third quarter. Cullen Frost Bankers Inc. now owns 98,919 shares of the company’s stock worth $10,691,000 after purchasing an additional 57,003 shares during the period.
RSP stock traded down $1.19 during midday trading on Friday, reaching $116.83. The company had a trading volume of 15,867 shares, compared to its average volume of 430,428. The stock has a 50 day moving average price of $115.62 and a 200-day moving average price of $110.15. Invesco S&P 500 Equal Weight ETF has a 1-year low of $97.29 and a 1-year high of $118.47.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.4693 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.88 dividend on an annualized basis and a yield of 1.61%.
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).
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