Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 575,518 shares of the company’s stock after purchasing an additional 110,257 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.5% of CoreCap Advisors LLC’s portfolio, making the stock its 3rd largest position. CoreCap Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $119,719,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Highland Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $26,000. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. Brandywine Financial Group lifted its position in 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 buying an additional 121 shares in the last quarter. Hurley Capital LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the last quarter. Finally, Rogco LP bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $34,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP traded up $1.27 during midday trading on Thursday, hitting $211.87. The company had a trading volume of 12,410,387 shares, compared to its average volume of 12,096,589. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The company has a market capitalization of $96.42 billion, a PE ratio of 20.10 and a beta of 0.92. The firm’s 50-day simple moving average is $216.49 and its 200-day simple moving average is $209.42.

Invesco S&P 500 Equal Weight ETF 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.