Cullen Frost Bankers Inc. Sells 3,527 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Cullen Frost Bankers Inc. trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 40,305 shares of the company’s stock after selling 3,527 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,325,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Goldman Sachs Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after purchasing an additional 6,254,609 shares during the last quarter. Japan Science & Technology Agency bought a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $656,908,000. Phoenix Financial Ltd. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $269,253,000. Invesco Ltd. raised its holdings in Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after purchasing an additional 1,195,627 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after purchasing an additional 1,069,297 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5%

Shares of NYSEARCA:RSP opened at $189.84 on Thursday. The stock has a market capitalization of $73.15 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30. The business has a 50-day moving average price of $188.47 and a two-hundred day moving average price of $180.62.

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).