Keybank National Association OH Reduces Stake in Invesco S&P 500 Equal Weight ETF $RSP

Keybank National Association OH reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.9% during the 3rd quarter, Holdings Channel reports. The fund 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 makes up about 2.4% of Keybank National Association OH’s investment portfolio, making the stock its 8th largest position. Keybank National Association OH’s holdings in Invesco S&P 500 Equal Weight ETF were worth $686,063,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Investment Counsel Co. of Nevada acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $29,000. Tompkins Financial Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $32,000. GoalVest Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $34,000. Cloud Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $35,000. Finally, Copia Wealth Management lifted its stake in Invesco S&P 500 Equal Weight ETF by 335.8% in the 3rd quarter. Copia Wealth Management now owns 231 shares of the company’s stock valued at $44,000 after purchasing an additional 178 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2%

NYSEARCA RSP opened at $198.08 on Friday. The company has a market cap of $82.87 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $200.78. The business’s fifty day moving average is $194.38 and its 200 day moving average is $189.80.

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.