Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,469,896 shares of the company’s stock after selling 3,720,595 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 47.9% of Texas Permanent School Fund Corp’s holdings, making the stock its biggest position. Texas Permanent School Fund Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,047,813,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Morgan Stanley lifted its stake in Invesco S&P 500 Equal Weight ETF by 7.9% during the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after purchasing an additional 2,285,526 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after purchasing an additional 959,176 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock valued at $1,051,080,000 after purchasing an additional 362,412 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock valued at $685,718,000 after purchasing an additional 9,309 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Invesco S&P 500 Equal Weight ETF by 13.1% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,460,000 shares of the company’s stock valued at $471,238,000 after purchasing an additional 285,000 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $211.65 on Monday. The company has a market cap of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $212.12. The firm has a 50 day simple moving average of $203.40 and a 200 day simple moving average of $198.83.

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.