Picton Mahoney Asset Management Cuts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Picton Mahoney Asset Management lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 53.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,151 shares of the company’s stock after selling 19,314 shares during the quarter. Picton Mahoney Asset Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,971,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Invesco Ltd. increased its holdings in Invesco S&P 500 Equal Weight ETF by 30.6% in the 4th quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after acquiring an additional 2,338,882 shares in the last quarter. Texas Permanent School Fund Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 318.5% in the 4th quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after acquiring an additional 6,211,920 shares in the last quarter. LPL Financial LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 20.5% in the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after acquiring an additional 894,245 shares in the last quarter. Temasek Holdings Private Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $720,730,000. Finally, Keybank National Association OH increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 1st quarter. Keybank National Association OH now owns 3,953,423 shares of the company’s stock worth $684,852,000 after acquiring an additional 16,832 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.0%

Invesco S&P 500 Equal Weight ETF stock opened at $186.53 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $188.16. The firm has a market capitalization of $74.87 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The company has a fifty day simple moving average of $180.82 and a 200-day simple moving average of $176.36.

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).