203,902 Shares in Invesco S&P 500 Equal Weight ETF (RSP) Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 203,902 shares of the company’s stock, valued at approximately $21,779,000. Invesco S&P 500 Equal Weight ETF accounts for 6.3% of Founders Financial Securities LLC’s portfolio, making the stock its 2nd largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in RSP. Atwood & Palmer Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $100,000. New Potomac Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $107,000. McIlrath & Eck LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $108,000. Toronto Dominion Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $110,000. Finally, Wagner Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $115,000.

Shares of RSP traded down $0.26 during trading hours on Wednesday, hitting $102.36. The stock had a trading volume of 115,176 shares, compared to its average volume of 654,521. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $94.97 and a fifty-two week high of $108.89.

The business also recently declared a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Tuesday, September 25th were issued a $0.4859 dividend. This represents a $1.94 annualized dividend and a yield of 1.90%. The ex-dividend date was Monday, September 24th. This is a positive change from Invesco S&P 500 Equal Weight ETF’s previous quarterly dividend of $0.43.

About Invesco S&P 500 Equal Weight ETF

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).

See Also: What is the Dividend Aristocrat Index?

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP).

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

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