Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 1,762,439 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 49.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,817,211 shares of the company’s stock after selling 1,762,439 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 1.8% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings, making the stock its 6th largest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Invesco S&P 500 Equal Weight ETF were worth $348,759,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 733.4% in the 1st quarter. Fifth Third Bancorp now owns 464,555 shares of the company’s stock worth $89,157,000 after acquiring an additional 408,814 shares during the period. Sovran Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 19.3% during the first quarter. Sovran Advisors LLC now owns 5,629 shares of the company’s stock valued at $1,145,000 after purchasing an additional 912 shares during the period. Advisors Management Group Inc. ADV increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the first quarter. Advisors Management Group Inc. ADV now owns 5,701 shares of the company’s stock valued at $1,094,000 after purchasing an additional 256 shares during the period. Granite Bay Wealth Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.6% in the first quarter. Granite Bay Wealth Management LLC now owns 182,040 shares of the company’s stock valued at $34,925,000 after purchasing an additional 6,408 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the first quarter. Sequoia Financial Advisors LLC now owns 150,025 shares of the company’s stock valued at $28,793,000 after purchasing an additional 3,813 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

RSP stock traded up $0.80 during midday trading on Friday, hitting $214.30. The stock had a trading volume of 5,539,473 shares, compared to its average volume of 14,463,745. Invesco S&P 500 Equal Weight ETF has a 52 week low of $179.94 and a 52 week high of $216.37. The stock has a 50-day simple moving average of $208.58 and a 200 day simple moving average of $201.64. The firm has a market capitalization of $96.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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