133,855 Shares in Invesco S&P 500 Equal Weight ETF $RSP Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 133,855 shares of the company’s stock, valued at approximately $27,845,000. Invesco S&P 500 Equal Weight ETF makes up about 1.2% of Money Concepts Capital Corp’s investment portfolio, making the stock its 14th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Allworth Financial LP now owns 43,677 shares of the company’s stock valued at $9,293,000 after purchasing an additional 1,481 shares in the last quarter. Fisher Asset Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $462,000. Private Advisory Group LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 21.9% during the third quarter. Private Advisory Group LLC now owns 21,328 shares of the company’s stock worth $4,437,000 after purchasing an additional 3,827 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Invesco S&P 500 Equal Weight ETF by 36.7% during the third quarter. Russell Investments Group Ltd. now owns 9,214 shares of the company’s stock worth $1,917,000 after purchasing an additional 2,472 shares in the last quarter. Finally, Coston McIsaac & Partners grew its holdings in Invesco S&P 500 Equal Weight ETF by 48.1% in the third quarter. Coston McIsaac & Partners now owns 197 shares of the company’s stock valued at $41,000 after purchasing an additional 64 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.9%

Shares of RSP opened at $220.72 on Friday. The firm has a market cap of $104.14 billion, a P/E ratio of 20.90 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $224.20. The stock’s 50 day moving average is $214.96 and its two-hundred day moving average is $208.71.

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). 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.