Money Concepts Capital Corp Acquires 133,855 Shares of Invesco S&P 500 Equal Weight ETF $RSP

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

Several other institutional investors have also modified their holdings of the stock. Weaver Consulting Group increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock worth $669,000 after purchasing an additional 48 shares in the last quarter. Sage Capital Advisors llc lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.0% in the 3rd quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after buying an additional 48 shares in the last quarter. Charis Legacy Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.5% in the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after buying an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after buying an additional 50 shares in the last quarter. Finally, Tenon Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.0% in the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

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

RSP stock opened at $220.72 on Friday. 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 has a market cap of $104.14 billion, a price-to-earnings ratio of 20.90 and a beta of 0.91. The business’s 50-day moving average is $214.96 and its 200 day moving average is $208.71.

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.