Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Common Fund For Nonprofit Organizations

Common Fund For Nonprofit Organizations cut its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,992 shares of the company’s stock after selling 3,855 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 3.4% of Common Fund For Nonprofit Organizations’ holdings, making the stock its 6th largest holding. Common Fund For Nonprofit Organizations owned approximately 0.05% of Invesco S&P 500 Equal Weight ETF worth $41,759,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Asset One Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $212,000. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 346.9% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 245,595 shares of the company’s stock valued at $47,055,000 after buying an additional 190,634 shares in the last quarter. Boothbay Fund Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $575,000. Advanced Portfolio Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $958,000. Finally, 14B Captial Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $2,299,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $208.99 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $214.30. The stock has a market capitalization of $90.16 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business has a fifty day moving average price of $204.48 and a 200 day moving average price of $199.28.

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.