PNC Financial Services Group Inc. Has $90.86 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

PNC Financial Services Group Inc. reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 474,334 shares of the company’s stock after selling 6,783 shares during the quarter. PNC Financial Services Group Inc. owned 0.11% of Invesco S&P 500 Equal Weight ETF worth $90,863,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Brighton Jones LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $279,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 1.1%

NYSEARCA RSP opened at $203.83 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $173.00 and a twelve month high of $205.53. The company has a market cap of $87.93 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The business’s fifty day moving average is $198.11 and its 200 day moving average is $196.24.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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