Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s 8th Largest Position

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 312.2% in the fourth quarter, Holdings Channel reports. The firm owned 1,384,889 shares of the company’s stock after buying an additional 1,048,921 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.5% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s investment portfolio, making the stock its 8th largest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Invesco S&P 500 Equal Weight ETF were worth $242,674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Thrivent Financial for Lutherans boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the third quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock worth $2,957,000 after buying an additional 197 shares during the period. Caprock Group LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 9.4% during the 3rd quarter. Caprock Group LLC now owns 19,332 shares of the company’s stock valued at $3,464,000 after acquiring an additional 1,665 shares during the period. BIP Wealth LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.9% during the 3rd quarter. BIP Wealth LLC now owns 1,498 shares of the company’s stock valued at $268,000 after acquiring an additional 83 shares during the period. Banque Cantonale Vaudoise acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $577,000. Finally, PNC Financial Services Group Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 13.3% during the third quarter. PNC Financial Services Group Inc. now owns 452,369 shares of the company’s stock worth $81,046,000 after purchasing an additional 53,221 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $175.37 on Thursday. The firm has a market cap of $73.06 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The firm has a 50 day simple moving average of $178.67 and a 200-day simple moving average of $179.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

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).