Moors & Cabot Inc. Purchases 4,137 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Moors & Cabot Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,292 shares of the company’s stock after acquiring an additional 4,137 shares during the quarter. Moors & Cabot Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,608,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. NBZ Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Aviso Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Investment Counsel Co. of Nevada purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $29,000. Tompkins Financial Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $32,000. Finally, IMA Advisory Services Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $33,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $194.96 on Tuesday. The company has a 50 day moving average price of $199.87 and a 200 day moving average price of $193.24. The firm has a market capitalization of $80.85 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24.

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.