Sheets Smith Wealth Management raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,229 shares of the company’s stock after buying an additional 2,367 shares during the quarter. Sheets Smith Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,854,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Wells Fargo & Company MN increased its holdings in Invesco S&P 500 Equal Weight ETF by 5.9% in the 3rd quarter. Wells Fargo & Company MN now owns 4,860,252 shares of the company’s stock valued at $519,124,000 after buying an additional 268,674 shares during the period. LPL Financial LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% in the 3rd quarter. LPL Financial LLC now owns 1,687,462 shares of the company’s stock valued at $180,238,000 after buying an additional 40,622 shares during the period. Commonwealth Equity Services LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 42.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,111,264 shares of the company’s stock valued at $118,694,000 after buying an additional 333,390 shares during the period. PFS Investments Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $90,640,000. Finally, SPC Financial Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.9% in the 3rd quarter. SPC Financial Inc. now owns 741,059 shares of the company’s stock worth $79,153,000 after purchasing an additional 13,583 shares during the last quarter.

Shares of RSP traded down $0.13 during trading hours on Friday, hitting $95.76. The stock had a trading volume of 59,942 shares, compared to its average volume of 1,377,715. Invesco S&P 500 Equal Weight ETF has a 52 week low of $85.76 and a 52 week high of $108.89.

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

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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).

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

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