Money Concepts Capital Corp Acquires 21,229 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Money Concepts Capital Corp grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,703 shares of the company’s stock after purchasing an additional 21,229 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.5% of Money Concepts Capital Corp’s investment portfolio, making the stock its 11th largest position. Money Concepts Capital Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,620,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in RSP. Morgan Stanley lifted its holdings in Invesco S&P 500 Equal Weight ETF by 7.9% during the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after buying an additional 2,285,526 shares in the last quarter. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $327,184,000. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $306,496,000. BW Gestao de Investimentos Ltda. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $287,168,000. Finally, State of Wisconsin Investment Board increased its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after acquiring an additional 1,060,181 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $213.50 on Friday. The company has a market capitalization of $95.28 billion, a PE ratio of 20.10 and a beta of 0.91. The company has a 50 day moving average price of $208.30 and a 200-day moving average price of $201.55. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37.

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.