Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 49.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,817,211 shares of the company’s stock after selling 1,762,439 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.8% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings, making the stock its 6th largest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.42% of Invesco S&P 500 Equal Weight ETF worth $348,759,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the period. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $83,931,000. Bison Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after buying an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $279,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Up 0.4%
Shares of RSP stock traded up $0.80 during trading hours on Friday, reaching $214.30. 5,539,473 shares of the company’s stock were exchanged, compared to its average volume of 14,463,745. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37. The stock has a market capitalization of $96.73 billion, a P/E ratio of 20.10 and a beta of 0.91. The business has a fifty day moving average price of $208.58 and a 200-day moving average price of $201.64.
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
- Why “Big Short” Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks
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 – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
