Sharkey Howes & Javer Has $32.05 Million Holdings in Invesco S&P 500 Equal Weight ETF (RSP)

Sharkey Howes & Javer raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 300,053 shares of the company’s stock after acquiring an additional 2,614 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 16.8% of Sharkey Howes & Javer’s investment portfolio, making the stock its 2nd largest position. Sharkey Howes & Javer owned about 0.20% of Invesco S&P 500 Equal Weight ETF worth $32,049,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Morgan Stanley acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $712,624,000. Bank of America Corp DE purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $638,772,000. Wells Fargo & Company MN purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $467,836,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $221,682,000. Finally, Cornerstone Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $18,695,000.

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.30 during mid-day trading on Friday, hitting $100.80. The stock had a trading volume of 76,999 shares, compared to its average volume of 656,441. Invesco S&P 500 Equal Weight ETF has a 12-month low of $94.97 and a 12-month high of $108.89.

The company also recently declared a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Tuesday, September 25th were paid a $0.4859 dividend. This is a boost from Invesco S&P 500 Equal Weight ETF’s previous quarterly dividend of $0.43. The ex-dividend date was Monday, September 24th. This represents a $1.94 annualized dividend and a dividend yield of 1.93%.

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).

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

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