Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Keybank National Association OH

Keybank National Association OH lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 3,616,565 shares of the company’s stock after selling 227,127 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.4% of Keybank National Association OH’s portfolio, making the stock its 8th largest position. Keybank National Association OH owned 0.94% of Invesco S&P 500 Equal Weight ETF worth $686,063,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of RSP. Investment Counsel Co. of Nevada bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $29,000. Tompkins Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $32,000. GoalVest Advisory LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $34,000. Cloud Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $35,000. Finally, Copia Wealth Management lifted its position in Invesco S&P 500 Equal Weight ETF by 335.8% during the 3rd quarter. Copia Wealth Management now owns 231 shares of the company’s stock worth $44,000 after buying an additional 178 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $198.08 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $200.78. The firm has a market capitalization of $82.87 billion, a PE ratio of 20.10 and a beta of 0.99. The business’s 50-day simple moving average is $194.38 and its 200 day simple moving average is $189.80.

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). 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.