Texas Permanent School Fund Corp Has $1.05 Billion Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Texas Permanent School Fund Corp decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,469,896 shares of the company’s stock after selling 3,720,595 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 47.9% of Texas Permanent School Fund Corp’s holdings, making the stock its biggest position. Texas Permanent School Fund Corp owned 1.32% of Invesco S&P 500 Equal Weight ETF worth $1,047,813,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. NBZ Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Goodman Advisory Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $35,000. Finally, Basepoint Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $40,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $211.65 on Monday. The firm has a 50 day simple moving average of $203.40 and a 200-day simple moving average of $198.83. The stock has a market capitalization of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $212.12.

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.