TIAA Trust National Association Has $2.16 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TIAA Trust National Association trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,301 shares of the company’s stock after selling 81 shares during the quarter. TIAA Trust National Association’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,156,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beta Wealth Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares during the last quarter. Tidemark LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 31.4% during the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after acquiring an additional 103 shares during the last quarter. Ceera Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $267,000. Sandy Cove Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $222,000. Finally, Permanent Capital Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $25,956,000.

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

NYSEARCA RSP opened at $174.94 on Thursday. The company has a market capitalization of $72.88 billion, a price-to-earnings 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. The stock has a fifty day simple moving average of $178.60 and a 200 day simple moving average of $179.13.

Invesco S&P 500 Equal Weight ETF Announces Dividend

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