Concurrent Investment Advisors LLC Has $26.54 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Concurrent Investment Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,735 shares of the company’s stock after purchasing an additional 21,991 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,540,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Andina Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $275,000. Retireful LLC raised its position in Invesco S&P 500 Equal Weight ETF by 102.1% during the second quarter. Retireful LLC now owns 46,086 shares of the company’s stock worth $9,806,000 after acquiring an additional 23,287 shares in the last quarter. Waycross Investment Management Co lifted its stake in Invesco S&P 500 Equal Weight ETF by 11.0% in the second quarter. Waycross Investment Management Co now owns 30,858 shares of the company’s stock valued at $6,566,000 after acquiring an additional 3,047 shares during the last quarter. Orion Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Orion Capital Management LLC now owns 29,090 shares of the company’s stock valued at $6,189,000 after acquiring an additional 119 shares during the last quarter. Finally, Round Rock Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 18.0% in the second quarter. Round Rock Advisors LLC now owns 53,115 shares of the company’s stock valued at $11,301,000 after acquiring an additional 8,089 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $220.05 on Friday. The company has a market cap of $99.44 billion, a PE ratio of 20.10 and a beta of 0.91. The firm has a 50-day moving average of $217.04 and a 200-day moving average of $207.29. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.

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.