US Bancorp DE Cuts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

US Bancorp DE cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 697,937 shares of the company’s stock after selling 72,451 shares during the quarter. US Bancorp DE owned approximately 0.21% of Invesco S&P 500 Equal Weight ETF worth $122,300,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares during the last quarter. Citigroup Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after acquiring an additional 198,793 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock valued at $273,513,000 after acquiring an additional 7,532 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1 %

RSP opened at $180.18 on Friday. The stock has a market cap of $74.90 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The company’s 50-day moving average price is $179.15 and its two-hundred day moving average price is $178.84.

Invesco S&P 500 Equal Weight ETF 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).