Invesco S&P 500 Equal Weight ETF $RSP is Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s 7th Largest Position

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 119.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,027,552 shares of the company’s stock after purchasing an additional 1,102,322 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.9% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings, making the stock its 7th biggest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.51% of Invesco S&P 500 Equal Weight ETF worth $368,487,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Nova Wealth Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $25,000. Uniplan Investment Counsel Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth about $26,000. Howe & Rusling Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the last quarter. GoalVest Advisory LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $34,000. Finally, Hanson & Doremus Investment Management boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after buying an additional 72 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $187.34 on Friday. The stock’s 50 day moving average price is $188.84 and its 200-day moving average price is $183.88. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.33. The stock has a market cap of $72.46 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF Company 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).