Mark Sheptoff Financial Planning LLC Has $2.77 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mark Sheptoff Financial Planning LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 47.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 15,830 shares of the company’s stock after purchasing an additional 5,105 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.5% of Mark Sheptoff Financial Planning LLC’s holdings, making the stock its 16th largest holding. Mark Sheptoff Financial Planning LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,774,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of RSP. Strategic Financial Concepts LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after acquiring an additional 8,451,521 shares during the period. LPL Financial LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after purchasing an additional 275,904 shares during the period. Keybank National Association OH boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after purchasing an additional 94,658 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after buying an additional 98,000 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock worth $273,513,000 after buying an additional 7,532 shares during the period.

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

NYSEARCA:RSP opened at $175.27 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The stock has a 50-day moving average price of $178.66 and a two-hundred day moving average price of $179.16. The stock has a market cap of $73.02 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.8308 per share. 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).