Texas Permanent School Fund Corp Purchases 6,211,920 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Texas Permanent School Fund Corp grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 318.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,162,449 shares of the company’s stock after purchasing an additional 6,211,920 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 83.9% of Texas Permanent School Fund Corp’s holdings, making the stock its biggest position. Texas Permanent School Fund Corp owned 2.44% of Invesco S&P 500 Equal Weight ETF worth $1,430,306,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in RSP. SJS Investment Consulting Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the period. Van ECK Associates Corp boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $28,000. Cambridge Financial Group Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $28,000. Finally, Joseph Group Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $167.45 on Monday. The company’s 50 day simple moving average is $170.52 and its 200-day simple moving average is $177.04. 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 $69.65 billion, a P/E ratio of 19.70 and a beta of 1.01.

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).