Hsbc Holdings PLC Raises Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Hsbc Holdings PLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 50.6% during the first quarter, Holdings Channel.com reports. The fund owned 381,107 shares of the company’s stock after acquiring an additional 127,987 shares during the period. Hsbc Holdings PLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $65,528,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of RSP. Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after acquiring an additional 6,254,609 shares during the last quarter. Texas Permanent School Fund Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 318.5% in the 4th quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after buying an additional 6,211,920 shares during the period. Temasek Holdings Private Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $720,730,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $620,875,000. Finally, Phoenix Financial Ltd. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $269,253,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Shares of NYSEARCA:RSP opened at $185.87 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16. The company’s 50 day moving average is $183.37 and its 200 day moving average is $176.89. The company has a market cap of $73.68 billion, a PE ratio of 20.10 and a beta of 1.05.

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).