Invesco S&P 500 Equal Weight ETF $RSP Stake Boosted by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,579,650 shares of the company’s stock after acquiring an additional 9,309 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 3.5% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s investment portfolio, making the stock its 4th biggest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.86% of Invesco S&P 500 Equal Weight ETF worth $685,718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of RSP. Varma Mutual Pension Insurance Co purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $327,184,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after acquiring an additional 959,176 shares in the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5,593.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock valued at $186,343,000 after acquiring an additional 955,677 shares in the last quarter. AlphaCore Capital LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 622.2% during the 4th quarter. AlphaCore Capital LLC now owns 593,537 shares of the company’s stock valued at $113,698,000 after acquiring an additional 511,351 shares in the last quarter. Finally, Endurance Services Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $96,962,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3%

Invesco S&P 500 Equal Weight ETF stock opened at $208.83 on Friday. The company’s fifty day simple moving average is $199.81 and its 200-day simple moving average is $197.16. Invesco S&P 500 Equal Weight ETF has a 12 month low of $174.27 and a 12 month high of $209.32. The stock has a market cap of $90.09 billion, a P/E ratio of 20.10 and a beta of 0.92.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.