OVERSEA CHINESE BANKING Corp Ltd Sells 138,330 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

OVERSEA CHINESE BANKING Corp Ltd lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 63.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 79,520 shares of the company’s stock after selling 138,330 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of RSP. Strategic Financial Concepts LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after acquiring an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $83,931,000. Penserra Capital Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Invesco S&P 500 Equal Weight ETF by 32,458.1% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 362,372 shares of the company’s stock worth $70,074,000 after purchasing an additional 361,259 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $174.08 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The business has a fifty day moving average price of $178.68 and a 200-day moving average price of $179.10. The stock has a market capitalization of $72.52 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

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).