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

Milestone Investment Advisors LLC reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 29,114 shares of the company’s stock after selling 555 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.4% of Milestone Investment Advisors LLC’s portfolio, making the stock its 22nd largest position. Milestone Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,102,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Keene & Associates Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after purchasing an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after buying an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after buying an additional 58 shares during the last quarter. Ingalls & Snyder LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after buying an additional 58 shares during the period. Finally, Boston Standard Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after acquiring an additional 61 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $174.86 on Thursday. The company has a market capitalization of $73.05 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01. The firm’s 50 day simple moving average is $177.90 and its 200 day simple moving average is $179.15. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given 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).