Invesco S&P 500 Equal Weight ETF $RSP Stock Position Reduced by Keybank National Association OH

Keybank National Association OH lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,791,371 shares of the company’s stock after selling 529,249 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.3% of Keybank National Association OH’s holdings, making the stock its 18th biggest position. Keybank National Association OH’s holdings in Invesco S&P 500 Equal Weight ETF were worth $343,800,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Brighton Jones LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $83,931,000. Bison Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $279,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7%

RSP opened at $214.91 on Friday. The stock has a fifty day moving average price of $207.09 and a 200 day moving average price of $200.79. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $215.61. The stock has a market cap of $93.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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). 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.