Park Avenue Securities LLC Has $14.38 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Park Avenue Securities LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 101.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,019 shares of the company’s stock after purchasing an additional 41,893 shares during the quarter. Park Avenue Securities LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,381,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RSP. Texas Permanent School Fund Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 318.5% in the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock valued at $1,430,306,000 after purchasing an additional 6,211,920 shares during the period. Temasek Holdings Private Ltd bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $720,730,000. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $620,875,000. Invesco Ltd. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 30.6% in the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock valued at $1,751,149,000 after purchasing an additional 2,338,882 shares during the period. Finally, Bracebridge Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $250,001,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9%

NYSEARCA:RSP opened at $178.69 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $188.16. The firm has a market cap of $72.23 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. The company’s 50 day moving average is $169.94 and its 200-day moving average is $175.88.

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).