CoreCap Advisors LLC Acquires 59,173 Shares of Invesco S&P 500 Equal Weight ETF $RSP

CoreCap Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 72.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,677 shares of the company’s stock after purchasing an additional 59,173 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.0% of CoreCap Advisors LLC’s investment portfolio, making the stock its 15th largest holding. CoreCap Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,687,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Realta Investment Advisors increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.5% during the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after purchasing an additional 55 shares during the last quarter. Fusion Capital LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% during the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock valued at $466,000 after purchasing an additional 56 shares during the period. Burns J W & Co. Inc. NY increased its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after buying an additional 57 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after buying an additional 64 shares during the period. Finally, Ehrlich Financial Group lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after buying an additional 65 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $194.65 on Tuesday. The stock has a fifty day moving average of $190.19 and a 200-day moving average of $187.82. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $195.46. The company has a market capitalization of $76.36 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.