Cadent Capital Advisors LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 15.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,738 shares of the company’s stock after selling 16,543 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 5.4% of Cadent Capital Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Cadent Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,199,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the business. Texas Permanent School Fund Corp boosted its position in Invesco S&P 500 Equal Weight ETF by 318.5% during the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after acquiring an additional 6,211,920 shares during the last quarter. Temasek Holdings Private Ltd purchased 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 purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $620,875,000. Invesco Ltd. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the 4th quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after purchasing an additional 2,338,882 shares during the last quarter. Finally, Bracebridge Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $250,001,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA:RSP opened at $177.34 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16. The stock has a market cap of $71.69 billion, a PE ratio of 20.59 and a beta of 0.99. The stock has a 50 day moving average price of $172.44 and a 200 day moving average price of $175.50.
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).
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