MKP Capital Management L.L.C. Buys 128,107 Shares of Invesco S&P 500 Equal Weight ETF $RSP

MKP Capital Management L.L.C. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 128,107 shares of the company’s stock, valued at approximately $26,649,000. Invesco S&P 500 Equal Weight ETF makes up approximately 0.8% of MKP Capital Management L.L.C.’s holdings, making the stock its 15th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Highland Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $26,000. Brandywine Financial Group lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares during the last quarter. Valley National Advisers Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $31,000. Rogco LP bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $34,000. Finally, Asset Dedication LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $36,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.0%

RSP opened at $220.88 on Wednesday. The firm has a market capitalization of $103.00 billion, a P/E ratio of 20.10 and a beta of 0.91. The stock’s 50 day moving average price is $214.82 and its two-hundred day moving average price is $208.48. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $224.20.

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.