SwitchPoint Financial Planning LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SwitchPoint Financial Planning LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,587 shares of the company’s stock, valued at approximately $629,000. Invesco S&P 500 Equal Weight ETF makes up 0.6% of SwitchPoint Financial Planning LLC’s investment portfolio, making the stock its 29th largest holding.

Several other large investors also recently made changes to their positions in RSP. Penobscot Investment Management Company Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 59.6% during the fourth quarter. Penobscot Investment Management Company Inc. now owns 2,147 shares of the company’s stock worth $376,000 after acquiring an additional 802 shares in the last quarter. Mark Sheptoff Financial Planning LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 47.6% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 15,830 shares of the company’s stock worth $2,774,000 after purchasing an additional 5,105 shares during the last quarter. Florida Financial Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 19.1% during the 4th quarter. Florida Financial Advisors LLC now owns 2,106 shares of the company’s stock worth $369,000 after purchasing an additional 337 shares during the last quarter. Bay Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $1,097,000. Finally, PKS Advisory Services LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $2,840,000.

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

Shares of NYSEARCA RSP opened at $175.27 on Wednesday. The business’s 50 day moving average price is $178.66 and its two-hundred day moving average price is $179.16. The company has a market cap of $73.02 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.8308 per share. The ex-dividend date of this dividend is 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).