Keybank National Association OH Purchases 1,503,314 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Keybank National Association OH acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 1,503,314 shares of the company’s stock, valued at approximately $312,719,000. Invesco S&P 500 Equal Weight ETF comprises approximately 1.0% of Keybank National Association OH’s holdings, making the stock its 20th largest holding.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after purchasing an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $400,736,000. Commonwealth Equity Services LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $248,531,000. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $155,449,000. Finally, Rokos Capital Management LLP purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $134,688,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $220.88 on Wednesday. The company has a market capitalization of $103.00 billion, a PE ratio of 20.10 and a beta of 0.91. The company has a 50-day simple moving average of $214.82 and a two-hundred day simple moving average of $208.48. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $224.20.

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). 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.