Oakworth Capital Inc. Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Oakworth Capital Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 30.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,094 shares of the company’s stock after buying an additional 254 shares during the period. Oakworth Capital Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Texas Permanent School Fund Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 318.5% during 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 purchasing an additional 6,211,920 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $720,730,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $620,875,000. Invesco Ltd. lifted 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 acquiring an additional 2,338,882 shares in the last quarter. Finally, Bracebridge Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $250,001,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $180.23 on Friday. The stock has a 50 day moving average price of $174.67 and a 200 day moving average price of $175.22. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16. The stock has a market capitalization of $71.41 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

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).